> He wasn't fond of their CEO, so he bought the whole company just to fire him. Slight correction. It was not that he was fond of the CEO, rather he was angry

> He wasn't fond of their CEO, so he bought the whole company just to fire him. Slight correction. It was not that he was fond of the CEO, rather he was angry with the CEO for undercutting him on a deal. Here's the exact story from wikipedia: "In 1964, Stanton (then CEO) made an oral tender offer of $11 1⁄2 per share for the company to buy back Buffett's shares. Buffett agreed to the deal. A few weeks later, Warren Buffett received the tender offer in writing, but the tender offer was for only $11 3⁄8. Buffett later admitted that this lower, undercutting offer made him angry. Instead of selling at the slightly lower price, Buffett decided to buy more of the stock to take control of the company and fire Stanton (which he did). However, this put Buffett in a situation where he was now majority owner of a textile business that was failing."