When Warren Buffett fired all of his investors in the late 60s he shut down the Buffett partnerships and shifted his funds over to Berkshire Hathaway. He said you can take your money out a Buffett partnerships and put it into Berkshire or if you want to be in a mutual fund you can go with Bill Rwayne. So that's going to be a good solution for a great deal. It's been an extraordinary investment over the years they got into some controversy and trouble over the last 18 months because they had a very large position in Valion which didn't work out for them but last annual meeting Warren and Charlie both said that the culture of the farm was intactit's a wonderful place.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode