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.

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

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

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