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Warren and Berkshire
As soon as the seliment hits, he's likeand i'm out as chairman. Six years later, in 98, solomon gets acquired by city group for nine billion dollars. That means that berkshire gets a return of one point seven billion dollars on their 700 million dollar investment. The 15 % copon that theydnatay rigtat they've been getting so unbelievabtha, i read it literally takes warren and berkshire to the brink. But this ends up being a really good investment for them. Wel it makes so much sense why buffet then had the it takes 20 years to build a reputation in five minutes to ruin it. If you think about