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Buffett himself says it was his biggest mistake. He had some stock deal going with the Berkshire CEO and felt he was the victim of a bait-and-switch. He bough
by gozur88 11y ago
Buffett himself says it was his biggest mistake. He had some stock deal going with the Berkshire CEO and felt he was the victim of a bait-and-switch. He bought Berkshire so he could fire the guy.
Two things: 1) People still act from emotion even when there's a hell of a lot of money at stake and 2) that kindly grandpa thing that Warren Buffett has going is an act.