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The bigger they are, the harder they fall; is a saying for a reason. There is no such thing as “too big to fail” otherwise the East India Trading Company would
by withinboredom 3y ago
The bigger they are, the harder they fall; is a saying for a reason. There is no such thing as “too big to fail” otherwise the East India Trading Company would still be in operation.
- sillyfluke 3y agoSometimes. IBM was still considered big when Buffet invested in them early in the 2010s. And it took almost a decade worth of bad performance for him to finally exit. It might be slowly sliding into irrevelance but its stock hasn't completely tanked -- during or after that period.