No. of Recommendations: 2
Quite the opposite. He has said investing through Berkshire the corporation (e.g., when buying National Indemnity) was the biggest mistake he's made.

My conclusions need not match what Buffett says -- he talks his book.

BTW, if I'm not mistaken, what he said was that buying Berkshire-Hathaway, the textile business, was the biggest mistake he's made. The textile business was a big mistake. Running an investment fund as a regular (less regulated) corporation is genius.

Denny Schlesinger
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.