One of the first moments when it hit me that I would make a ton of investing mistakes over the course of my lifetime is when I read admissions from Warren Buffett about the investing mistakes that he made in his life. I find it funny that he claims Berkshire Hathaway, the vehicle he used to build a fortune north of $50 billion, is something that he considers a mistake. And the thing is, he’s probably right about that.
Per the interview:
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(15) What has been your biggest investment mistake and how did you learn from it?
WB: It is better to learn from other peoples mistakes rather than your own. Look at all kinds of business failures. I don’t believe in beating yourself over it, you’re going to make mistakes. My biggest mistake was buying Berkshire Hathaway and trying to make it better. We had all of our