What to Avoid and Stay Away From in the Investment World Today

In 1966 Sandy goddessman one of our directors and Charlie and I we put six million dollars into a company We called it diversified retailing although we only had one operation, but it's not you know It was kind of like Angela mozzillo calling his one location in New York country wide mortgage at the time. Six million dollars has turned into About 30 billion Starting with that failed business Yeah, yeah, and of course blue ship stamps was another example of that because that was another company that That and then of course Berkshire was the textile business, so we were sort of masochistic in the early days Becky ignorant toYeah, okay. This question is from Bill Nolan who's a shareholder