share_log

Warren Buffett's Chilling Warning To Employees: 'Lose A Shred Of Reputation For The Firm And I Will Be Ruthless'

Benzinga ·  Dec 30, 2024 18:41

Legendary investorWarren Buffettis best known for stocks he has bought over the years and his gains forBerkshire Hathaway Inc(NYSE:BRK)(NYSE:BRK) investors. He's also known for quotes that can be applied to investing and life.

Here's a look back at Buffett's take on the importance of reputation.

What Happened:Buffett has many highlights during his lengthy career leading Berkshire Hathaway, but one of the lower moments almost occurred due to an investment in investment bankSalomon Brothers.

Berkshire bought a 12% stake in the company in the 1980s and a scandal at the firm...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment