Buffett and Munger took management of Blue Chip, which bought buying and selling stamps—a fading enterprise. Nonetheless, they properly redirected its money circulate to accumulate beneficial companies like See’s Sweet and Wesco Monetary, which grew to become key contributors to Berkshire’s long-term progress.
(Disclaimer: Suggestions, recommendations, views and opinions given by the consultants are their very own. These don’t characterize the views of the Financial Occasions)
