Everyone Makes Mistakes

Everyone makes mistakes—the worst investors, and yes, even the best ones.
In 1993 Berkshire Hathaway exchanged 25,200 shares for ownership of a company called Dexter Shoes. Today, Dexter is a worthless company, but those shares are worth more than $7 billion.
In 2014, Buffett looked back on that and said, “As a financial disaster, this one deserves a spot in the Guinness Book of World Records.”
Today we foun…

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