Berkshire Hathaway Part I
Acquired
Learning from Missed Opportunities in Stock Investments
An early investment experience of Warren Buffett involved him convincing his sister to invest all their money in preferred shares of a company. Despite initially losing money when the stock price dropped, Warren quickly sold the shares when the price recovered to cover the losses. However, the stock continued to rise significantly after he sold, leading to a missed opportunity. This experience taught Warren the importance of patience and holding onto investments for long-term growth.
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