Billion-Dollar Whoops: Buffett Apologizes

Even the world's best-known investor couldn't get it right in 2008, apologizing to his shareholders for doing "some dumb things" with their money. Billionaire Warren Buffett said in his annual letter to shareholders that while last year was a bad year for all investors, he made some mistakes that he now regrets. "I made some errors of omission, sucking my thumb when new facts came in that should have caused me to reexamine my thinking and promptly take action," Buffett wrote in a letter...Full Story
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