Buffett's Berkshire: Lessons from a $500B Mistake
Update: 2025-12-25
Description
Warren Buffetts Berkshire Hathaway journey: From a failing textile business to a $1 trillion conglomerate, Buffetts story is marked by a bad trade born out of spite that led to controlling the company. Despite twenty years of struggle with unprofitable textile assets, Berkshire now thrives with insurance and other strong holdings. Buffetts enduring lesson: invest in great businesses at fair prices, and dont hold onto bad ones.
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