Buffett on "Cigar-Butt" Investing
Read the full article at: http://barelkarsan.com/2008/12/buffett-on-cigar-butt-investing.html
Submitted by sajid.karsan on Tue, 2008-12-09 16:40.
(via barelkarsan.com)
In the Essays of Warren Buffett, Warren describes some of his past investing mistakes. He notes that his first mistake was buying control of Berkshire, which at the time was involved primarily in the difficult textile manufacturing business.
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