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The investment advice offered here is to avoid letting feelings influence your choices.
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The most important takeaway from Buffett's terrible Waumbec investment is to learn from your mistakes.
"I'm regrettable to say that a careful investor would have sold Tesco shares earlier.
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Not all of Warren Buffett's recommendations are the result of losses.
One of his regrets is not spending the $35 million to purchase the Dallas-Fort Worth NBC station.
The lesson of the tale is to seize an opportunity when it presents itself.
For Warren Buffett's investment philosophy, the 1998 acquisition of General Reinsurance (Gen Re) was initially not the greatest choice.
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In 2011, Warren Buffett and Berkshire Hathaway faced criticism after it came to light that David Sokol, the chairman of a number of the company's companies at the time, had suggested to Buffett the acquisition of Lubrizol Corp.
It's both wonderful and bad that Warren Buffett never invests in companies he doesn't fully comprehend.
It's not a good idea to support businesses blindly, but avoiding them is also not a smart choice.
The absence of Google shares from Warren Buffett's portfolio is something he regrets.
In the past, Buffett avoided investing in tech businesses because he didn't get their business concepts.
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