What can investors learn from the perilous education sector?

 “If you don’t make mistakes, you can’t make decisions.” – Warren Buffett

In the last 12 months we have seen some spectacular falls from grace in the ASX-listed education sector.

Vocation Limited (VET) reached their peak of $3.30 in September 2014 and before entering voluntary administration in December 2015 you could buy as many shares as you like for just 12 cents. They had been listed on the ASX for just two years.

New Zealand-based Intueri Education (IQE) listed on the ASX in May 2014 at $2.36 has seen a steady decline to under 50 cents. It was so low that when they announced