Adam Mead, Author of The Complete Financial History Berkshire Hathaway
Enter the Labyrinth
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The Early Days of Berkshire Hathaway
Warren Buffett's first big deal was buying National Endemity in 1967 for $8.6 million. He didn't fully appreciate the value of the float, which was almost $20 million at the time. The insurance business is where the origins of Berkshire Hathaway stem from.
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