negativeMeeting2015-05-02conf:high
Buffett on his biggest failures
“I looked at a shoe business in Dexter, Maine, and decided to pay $400 or so million for something that was destined to go to zero in a few years”
4 mentions across the corpus · positive 2 · negative 2 · neutral 0 · historical 0
Buffett on his biggest failures
“I looked at a shoe business in Dexter, Maine, and decided to pay $400 or so million for something that was destined to go to zero in a few years”
Afternoon Session - 2011 Meeting
“dexter was our worst business”
Morning Session - 1994 Meeting
“the market has voted very heavily for Dexter shoe, just to be an example. I don't know how many pairs of shoes they were turning out back in 1958”
1993 Berkshire Hathaway Shareholder Letter
“founded Dexter in 1956 with $10,000 of capital. He was joined in 1958 by Peter Lunder, his nephew. The two of them have since built a business that now produces over 7.5 million pairs of shoes annuall”