Enduring Investing and Life Lessons with Guy Spier
Excess Returns
00:00
How Buffett's Investment Partnership Inspired DH Blaire
When you were at DH Blair, your father was charged eight different ways to charge his account commissions. When he looked up the accounts of Berkshire Hathaway, Warren Buffett's taking a flat $100,000 salary hasn't changed ever. And then I saw what was going on at this Swiss bank that they were kind of doing the same thing. It can take 20 years to build a reputation in 20 seconds to ruin one. But still, you've made a nice recovery.
Transcript
Play full episode
