Did Warren Buffet’s Intuition Fail Him?
Posted onDid Warren Buffet’s intuition fail him? No, not actually, although the story is often told as though it did. Buffet describes it as his $200 billion blunder. In the 1960’s, Buffet noticed a textile company, Berkshire Hathaway, was selling off its mills. It used the money to buy back its stock and the stock would […]