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2min chapter
Berkshire Hathaway Part I
Acquired
Buffet's Second Great Investment Ito of His Career
Buffet figures that amex can easily absorb all these losses, even if they cover the whole thing out of cash on hand. Amox ends up settling the case the next year for 60 million dollars. The stock goes through the roof, and they make two and a half times their money on the 13 million dollars invested. Once he gets up two and a half xs, he sells it all. Brutal, brutal, brutal. He did not listen to our sequoia capital part one, he did not.
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