“I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.”

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"I bought a company in the mid-'90s called Dexter Shoe and paid $400 m…" — Warren Buffett | Daily Quotes