14min chapter

Acquired cover image

Berkshire Hathaway Part I

Acquired

CHAPTER

Buffett's Turning Point: 1968 and Beyond

This chapter explores Warren Buffett's impressive 59% investment return in 1968, contrasting it with the Dow's performance while revealing his internal struggles with managing capital and maintaining success. It highlights his decision to wind down his investment partnership in 1969, fueled by pressure and a desire for change, which caught his partners off guard. The narrative delves into the complexities of investment strategies, the impacts of taxes on returns, and how personal growth parallels evolving investment philosophies.

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