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Berkshire Hathaway Part I
Acquired
Buffet and the Travellers Checks Business
i think the framework that i would use for if you're listening to this and hearing a lot of this for the first time, is like these puzzle pieces where there's a lesson learned from each of these companies. buffet was sort of the first to figure out that these businesses are each interesting in a puzzle piece way that fits in with other businesses. He learns that in his third great investment, which'll be the last one we'll cover on this episode. O, so back to american express in 19 60. Threeto buffet is, he's still under the gram spell here, like he's looking for cigar buts that's what he's doing. And amex is no
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