Buffett: Berkshire Hathaway is the Dumbest Stock I Ever Bought
October 18, 2010 at 12:17 PM EDT
Warren Buffet calls his 1964 decision to buy Berkshire Hathaway (BRKa)(BRKb) a $200 billion blunder, prompted by a urge to retaliate against the CEO who tried to “chisel” Buffett out of an eighth of a point on a tender deal. From Buffett: “The dumbest stock I ever bought was, drum roll here, Berkshire Hathaway. And that [...]
