Home >

CNBC: Buffett Said Frankly That Buying Berkshire Is A Big Mistake.

2010/10/19 10:06:00 48

CNBC Buffett Is The Most Stupid To Buy Berkshire.


Early in the morning of October 19th, Beijing time.

CNBC

Headlines

Buffett

Say frankly

Buying Berkshire

It's a big mistake worth up to 200 billion dollars.


On Monday, Buffett answered CNBC's famous host, Becky Quick, who asked the world's most successful investor in the Squawk Box program about "what's the biggest mistake she thought was committed?" frankly, "in the investment he made,"

Most stupid

The decision was to buy shares in Berkhire Hathaway Inc.

Buffett said his decision to buy Berkshire Hathaway, who was then a bankrupt textile company in 1964, was a big mistake of "$200 billion".


Buffett told Becky that the value of the company he invested in has reached two times that of the original. If he bought Berkshire Hathaway but a well performing insurance company, its value might have reached $400 billion.

  • Related reading

Citigroup And Housing Market Data Were Good &Nbsp; Monday'S Index Rose 0.73%

Industry stock market
|
2010/10/19 9:59:00
43

October 19Th International Financial Media Headlines

Industry stock market
|
2010/10/19 9:55:00
44

Henan Xinye Textile: The Sixth Session Of The Seventh Meeting Of The Board Of Supervisors Resolution Announcement

Industry stock market
|
2010/10/18 15:01:00
48

Shandong Yaguang Textile Group Co., Ltd. Guarantee Bankruptcy Claims Disposal Notice

Industry stock market
|
2010/10/18 14:59:00
54

October 18Th International Financial Media Headlines

Industry stock market
|
2010/10/18 9:51:00
24
Read the next article

To Understand Professionalism In The Workplace

Leave the card information of customers and partners, uninstall private software in the computer, and send a farewell letter quietly to the familiar colleagues on the last day.