TIP443: Buffett's Biggest Blunders w/ David Kass

<p><strong>IN THIS EPISODE, YOU'LL LEARN:</strong></p><ul><li>09:47 - The story of how Buffett bought Berkshire after letting his emotions get the best of him and why it was originally a huge mistake.</li><li>15:04 - How he could have made hundreds of billions more had he simply invested in insurance.</li><li>20:49 - His position in Conocophillips that resulted in a loss and how even through all of that, 1 single dollar invested with Buffett in 1965 would now be worth $3.65M</li><li>23:00 - Why buying Dexter Shoes was, in Buffett's words, the worst purchase he ever made.</li><li>30:42- How he missed out on Google, Amazon, and others</li><li>41:29 - His overpayment for Precision Castparts.</li><li>And a whole lot more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES:</strong></p><ul><li>David’s <a href="http://blog.umd.edu/davidkass/" rel="noopener noreferrer" target="_blank"><strong>Blog</strong></a> on Warren Buffett</li><li>David Kass <a href="https://twitter.com/drdavidkass?lang=en" rel="noopener noreferrer" target="_blank"><strong>Twitter</strong></a>.</li><li>Supermoney <a href="https://www.amazon.com/Supermoney-Adam-Smith/dp/0471786314?&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=31a76eefdd0c34916203bbed3dfce680&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>Book</strong></a>.</li><li>Trey Lockerbie <a href="https://twitter.com/treylockerbie" rel="noopener noreferrer" target="_blank"><strong>Twitter</strong></a><strong>.</strong></li><li>Preston, Trey &amp; Stig’s tool for picking stock winners and managing our portfolios: <a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer" target="_blank"><strong>TIP Finance Tool</strong></a><strong>.</strong></li><li>New to the show? Check out our&nbsp;<a href="https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/" rel="noopener noreferrer" targ