58 years ago, Warren Buffett bought shares of a struggling textile mill called Berkshire Hathaway.
58 years later, Buffett and his right-hand man, Charlie Munger, have transformed Berkshire into a diverse collection of great businesses and investments with a market capitalization of more than a half-trillion dollars.
However, when he was asked what was his worst investment of all time, it wasn't a stock that lost him a lot of money, it wasn't the mistakes of omission that he mentioned in the Berkshire Hathaway Meeting. Surprisingly, it was Berkshire Hathaway itself.
That's why in this episode, we will talk about the origin of Berkshire Hathaway and why is this his worst investment of all time?
