2min chapter

Acquired cover image

Berkshire Hathaway Part I

Acquired

CHAPTER

Warren Buffett's Mistakes

i'll save the rest for part two, cause there's so many other things here worth discussing. Warren did not care about looking smart in the short term. He wanted to make the most money long term. So he stayed quiet about his ideas to like a religious extent. And he never ever wanted to move the market or cannibalize that rare, really good idea by sort of showing his hand too early in trying to appear smart. Let your winners run. Like sellinggico, selling ammax. Those were massive mistakesad as brilliant as all the things that Warrant did, it's just impossible for me to look at it and not think, man, it could have been ten times better

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