There's not a more unstoppable stock to park your money in than Berkshire Hathaway. Warren Buffett originally acquired a controlling stake in this former textile business over 50 years ago. Using his ...

Buffett explained that he first invested in Berkshire Hathaway in 1962 when it was a failing textile company. He thought he would make a profit when more mills closed, so he loaded up on the stock.

Believe it or not, it was the aggressive takeover Berkshire Hathaway, a textile factory that was basically doomed to fail. The "decision" occurred in 1964 when Buffett, then an owner of just 7% of ...

Buffett, who is estimated to have a net worth of $148 billion, making him the eighth richest man in the world, started investing in textile manufacturer Berkshire Hathaway in 1962, before turning ...

CEO Warren Buffett recounted the irony of his most “unpromising” purchase—Berkshire Hathaway itself. Despite ultimately transforming the struggling textile manufacturer into a multi-billion ...