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Berkshire Hathaway Part I
Acquired
Taking Risks and Learning from Mistakes in Investing
In the snip, Warren Buffett convinces his sister to invest all their money in preferred shares of a company called Cities Service. Initially, the stock price drops, causing panic and stress for Warren and his sister. However, the stock eventually rebounds, and Warren decides to sell the shares to recover the money, learning a valuable lesson in investing about taking risks and dealing with market fluctuations.
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