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...
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