Investors are constantly looking nuggets of wisdom from the Oracle of Omaha, Warren Buffett, so this tidbit on Omaha.com caught our eye.
It’s just one quote from Buffett. He was at a 165 person Columbia University investing class, and one of the students asked him how to prepare for a career in investing.
From Omaha.com:
…Buffett thought for a few seconds and then reached for the stack of reports, trade publications and other papers he had brought with him. (more…)
Investors always remember their worst trade or biggest mistake. Warren Buffett is no different. However, Buffett’s biggest mistake might surprise you. In an interview with CNBC, the Oracle of Omaha admitted that the worst trade of his career was buying Berkshire Hathaway (BRK.A). Imagine that. But if you dig deeper into his account of the story, you’ll see that while his worst trade might have been buying Berkshire Hathaway, his biggest mistake was letting emotion get the better of him.
Embedded below is the video where Buffett talks about his worst trade in Berkshire Hathaway
