Warren Buffett has made a handful of notable mistakes in his lengthy career. He has discussed many of these mistakes at annual meetings and in interviews over the years.
The Oracle of Omaha likes to take an objective view of his mistakes. He wants to understand what went wrong and learn from the scenario, to make sure he does not repeat the same mistake in the future. Some of the biggest mistakes he has made were not losing trades.
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They were missed opportunities, opportunities that Berkshire Hathaway passed over.
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