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Most of Buffett's past mistakes involves planes. He had a private jet company that didn't work out well. One of his original bigger buys into an airline company didn't either. BUT this one seems like a much more opportunity than when he bought into those other ones
Looks like I was mistaken: https://finance.yahoo.com/news/warren-buffett-was-right-to-buy-net-jets-132829722.html … I thought I remember from Snowball that it didn't work out well
Buffet's biggest mistake was buying Dexter Shoes, AFAIK. It got wiped out by Asian manufacturing. Not only did it go bust, but he didn't pay in cash. He paid in stock!
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