Failures of Warren Buffet

One of the most successful investor in the world, who is consistently ranked among the world's wealthiest people, has also failed sometimes.

Some of the failures were :-

1. He was rejected by Benjamin Graham ( father of value investing ) with whom Buffet even offered to work for free.

2. As per Buffet himself his biggest mistake was to buy Berkshire Hathway's shares which was initially a textile company running at loss.

3. Some of his other investments where he incurred loss were TESCO, US airways, Saloman Brothers etc.

4. During the Great recession Buffet's suffered a 77% drop in earnings.

Inspire of all the failures he is still the king of investing, still one of the wealthiest person in the world.

It never matters how many times you fall... What matters is how many times you stand and give it back.