Dropping from $4,230 per share to around $3,170. The
day of the crash, Buffett loses $342 million personally.
day of the crash, Buffett loses $342 million personally.
Tuesday, July 10, 2007
1985: Buffett purchases Scott & Fetzer for Berkshire's collection of businesses.
It costs around $315 million, and boasts such products
as Kirby vacuums and the World Book Encyclopedia.
as Kirby vacuums and the World Book Encyclopedia.
1985: Warren helps orchestrate the merger between ABC and Cap Cities.
He is forced to leave the Board of the Washington Post [Federal legislation prohibited him sitting on the Boards of both Capital Cities and Kay Graham's Washington Post.
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Sunday, July 8, 2007
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