2min chapter

InvestED: The Rule #1 Investing Podcast cover image

419- $100 Bills: Berkshire Meeting part 3

InvestED: The Rule #1 Investing Podcast

CHAPTER

Berkshire Hathaway's Textile Mill

Berkshire Hathaway's textile mill was losing money and not going to be a viable business. The company kept that mill open much longer than they really should have from a business perspective. And he did that specifically to support the workers that were there. So he has made business decisions that were 100% for peer profit, exactly.

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