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4min chapter
Berkshire Hathaway Part I
Acquired
The Great Depression
Even the smart money got wiped out. The stock market wouldn't return to its high before the crash until 19 54. Warren is born a less than a year after black tuesday, on august thirtieth, 19 30. It wasn't until 31 howard was working as a stockbroker for union state bank, and the bank fails. So not only is howard out of a job, but all the family's money is at the bank. And so what is howard do? He does the a hundred % Total contrarian move. A he ends up making, i think, pretty quickly, lake weigh, more money than he was making at the old job.
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