NoDak
Hotlinking' sonofabitch
- Joined
- Apr 7, 2013
- Messages
- 26,032
Completely different scenario, though. If Buffett has one or two of those companies that go tits up, it barely scratches his overall portfolio. Jerry put all of his eggs into one basket. If it failed, then he goes under. That's all she was saying.Ridiculous that she comes to some of those conclusions. Does Warren Buffett manage all the companies he buys just because he pays millions (or billions) for them? Of course not.
But even saying that, Jerry is damn lucky that he had Jimmy from day one. Or he very well may have failed.