Berkshire Hathaway wants to apologize.
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'WE BLEW IT': Charlie Munger says it was a mistake for Berkshire Hathaway to not invest in Google and Walmart (GOOGL, WMT)
At Berkshire Hathaway's 2017 annual meeting, Warren Buffett and Charlie Munger expressed lament that the firm didn't invest in Google and Walmart.
Warren Buffett
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During the investment conglomerate's 2017 annual shareholder meeting, vice chairman Charlie Munger admitted Berkshire missed the boat on Google and Walmart.
"We failed you there," he said, calling the firm's decision to not invest in the two companies its "worst mistake."
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The comments stemmed from New York Times columnist Andrew Ross Sorkin's question asking why Berkshire sold a third of their IBM shares, and why the firm has historically stayed away from tech stocks.
"When I started
"We blew Walmart too," he said.
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