theg721
TIL Warren Buffett bought Berkshire Hathaway purely out of spite. In the 60s it was a failing textiles company which he wanted to sell his stake in. When its president lowballed him, he bought the whole company just to fire him. In 2010, he said it was the biggest investment mistake he ever made.
en.wikipedia.orgSubmitted by theg721 t3_10hzbnk in todayilearned
theg721 t1_jae5uom wrote
Reply to comment by grogglugger in 136 movie sequels currently on the way by laughinggas
Was Alec Guinness really that desperate for money at that point in time? Especially three years after getting 2.5% or whatever it was on box office of Star Wars