2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP484: How Warren Buffett Became the Greatest Investor to Ever Live (Part 2)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Buffett's Greatest Achievement

Buffett refused to bail out Bear Stearns, who was on the brink of collapse. The Federal Reserve stepped in and guaranteed $30 billion of Bear Stearn debt. Buffett knew one thing: He didn't want to be in a position where he depended on others for money.

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