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Short Read: Warren Buffett's Shareholder Letter on Shutting Down Berkshire Hathaway's Textile Business from 1985 | Episode #171

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In 1985, Warren Buffett had to make an incredibly difficult decision. Which was whether to shut down the textile business Berkshire Hathaway — the original business Warren acquired, which was where Berkshire got its name. In today's episode, I break down that decision and why he ultimately closed the business.

Explore the episode notes.

Search and down a transcript and find links to related books, interviews, lectures, and more: outlieracademy.com/171.

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Explore my full summary for the book featured this week.

The Essays of Warren Buffett: Warren's Ideas from 50+ Years Grouped by Topic

Brought to you by HVMN. With Ketone-IQ, fuel your best anytime with a boost of awesome-feeling energy and clarity. Unlock the power of nature's superfuel—no fasting or keto diet required.

Advertise with Outliers and reach our global community

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

420 episodes

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Manage episode 395485651 series 2781663
Contenu fourni par Outlier Academy and Daniel Scrivner | Outlier Academy. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Outlier Academy and Daniel Scrivner | Outlier Academy ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.

In 1985, Warren Buffett had to make an incredibly difficult decision. Which was whether to shut down the textile business Berkshire Hathaway — the original business Warren acquired, which was where Berkshire got its name. In today's episode, I break down that decision and why he ultimately closed the business.

Explore the episode notes.

Search and down a transcript and find links to related books, interviews, lectures, and more: outlieracademy.com/171.

Watch and listen.

Watch this episode on YouTube

Find this episode in your favorite podcast app

Get new episodes delivered via email

Explore my full summary for the book featured this week.

The Essays of Warren Buffett: Warren's Ideas from 50+ Years Grouped by Topic

Brought to you by HVMN. With Ketone-IQ, fuel your best anytime with a boost of awesome-feeling energy and clarity. Unlock the power of nature's superfuel—no fasting or keto diet required.

Advertise with Outliers and reach our global community

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

420 episodes

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