Apple from Apple to Dexter Shoes: The biggest blunders in Warren Buffett’s top win and 60 years investment
In the six -decade reign of Warren Buffett Berkshire Hathaway Shocking profits, philosophical pivotes and some painful lessons are full of stories. As the 94-year-old “Oracle of Omaha” announced a plan to retire as CEO by the end of 2025, Spotlight is once again on investments made, and sometimes precious, their fate.
Genius runs
Buffett’s eye for underwelled companies converted minor bets into liberal money:
- Apple: Despite avoiding technology for years, Buffett called Dov in Apple in 2016, calling it the “Consumer Product Company”. The investment of $ 31 billion exceeded $ 174 billion at its peak.
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American Express ,Coca Cola Bank of America: Buffett provoked these veterans when they were out of favor. Together, they have returned more than $ 100 billion, not including dividends of decades of decades. - Bide: Acting on the advice of Charlie Munger, Buffett bets on the Chinese EV manufacturer in 2008 as a $ 232 million. Buffett increased it to more than $ 9 billion before trimming it.
- See candy: Bought for $ 25 million in 1972, see Buffett helped Buffett hug the quality businesses with permanent motives. This has since given benefits to the Arabs and has shaped its investment ethos.
- National compensation: The procurement of this 1967 helped Berkshire an important source of “float”, insurance premium -to -insurance premium – an important source of capital. Today, Berkshire’s insurance float is $ 173 billion.
Expensive
Even Buffett went wrong, and when he did it, he owned it:
- Mourning: In 1993, it was acquired using Berkshire Stock. The business collapsed, and Buffett later admitted that he gave 1.6% Berkshire “for nothing”.
- Lapse tech boom: Amazon, Google, Microsoft – Buffett stayed on the edge for years. With its own entry, these missing opportunities can cost Berkshire Arabs.
- Sell banks very soon: Under the leadership of an epidemic, Buffett in Wales Fargo and JP Morgan closed the steak. Both shares have more than doubled.
- Blue chip stamp: Once a boom business, the award program faded. But the float produced it as a competent acquisition such as C and Vosco – a silver lining.
- Berkshire Hathaway (The Textile Mill): Buffett called it his “worst investment”. Until its closure in 1985, the failed business consumed capital. The irony is that it became a holding company for one of the biggest investment runs in history.
A legacy beyond a legacy
Buffett’s talent was not just what he bought, it was how he thought. Until the competitive mats are patience and integrity champion, he re -wrote the rules of long -term investment. As he prepares to pass the torch, the final tally includes iconic victories, educative failures, and a fate that not only increased in the dollar, but in effect.
