In 1985, Warren Buffett had to make an incredibly difficult decision. Which was whether to shut down the textile business Berkshire Hathaway — the original business Warren acquired, which was where Berkshire got its name. In today's episode, I break down that decision and why he ultimately closed the business.

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Search and down a transcript and find links to related books, interviews, lectures, and more: outlieracademy.com/171.

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The Essays of Warren Buffett: Warren's Ideas from 50+ Years Grouped by Topic

Brought to you by HVMN. With Ketone-IQ, fuel your best anytime with a boost of awesome-feeling energy and clarity. Unlock the power of nature's superfuel—no fasting or keto diet required.
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In 1985, Warren Buffett had to make an incredibly difficult decision. Which was whether to shut down the textile business Berkshire Hathaway — the original business Warren acquired, which was where Berkshire got its name. In today's episode, I break down that decision and why he ultimately closed the business.


Explore the episode notes.

Search and down a transcript and find links to related books, interviews, lectures, and more: outlieracademy.com/171.


Watch and listen.

Watch this episode on YouTube

Find this episode in your favorite podcast app

Get new episodes delivered via email


Explore my full summary for the book featured this week.

The Essays of Warren Buffett: Warren's Ideas from 50+ Years Grouped by Topic


Brought to you by HVMN. With Ketone-IQ, fuel your best anytime with a boost of awesome-feeling energy and clarity. Unlock the power of nature's superfuel—no fasting or keto diet required.

Advertise with Outliers and reach our global community

Learn more about your ad choices. Visit megaphone.fm/adchoices