You learned half the lesson. The other half is the over-class will force the government to do whatever is needed to keep them from going bust.<p>My dad claimed that the biggest mistake he made financially was when Chrysler was going bankrupt in in the early eighties. He knew that it was politically impossible for the government to let Chrysler fail. However my dad didn&#x27;t follow through and sock the 100k he had into Chrysler stock.<p>I did the same thing. I knew in January 2009 that the slide in financial stocks was over. Should have put half into Goldman Sacks half into JP Morgan. The Fed wasn&#x27;t going to let Goldman Sacks and JP Morgan fail.