Warren Buffett's most famous rule — never lose money — is treated as a joke. It isn't.

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A 50% loss needs a 100% gain just to break even. A 90% loss needs 900%. The arithmetic of recovery is far crueler than it feels in the moment, and the deepest losses are measured not in dollars but in years you never get back.

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Don't Lose Money First is a short, plain-spoken field guide to the five ways investors get permanently wiped out — the permanent hole, the single position, the forced sale, the catastrophic trade, and the year you don't sell — and the quiet, unglamorous defenses against each.

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Written by a Korean nurse who learned about risk the hard way — across thirty years of watching markets and eighteen of her own mistakes — this is not a book about predicting the next crash. It is about still holding something when the recovery comes.

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Because only the money you keep can compound.

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Don't Lose Money First

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