Warren Buffett's worst trade was one that worked#shorts #warrenbuffett #investing

Warren Buffett's worst trade wasn't a company that failed. It was one that worked. In 1988 he understood Fannie Mae completely. He'd met the CEO. He owned seven million shares. Then the price started rising — and he stopped buying, then sold what he already had. His own verdict, written three years later: he cannot give a halfway rational explanation for it. The money he didn't make came to about $1.4 billion. Source: Berkshire Hathaway 1991 Chairman's Letter. This channel looks at how investing decisions were actually made, not what anyone should buy. Nothing here is investment advice.

Added 25 Aug 2026