Warren Buffett bought Berkshire Hathaway in part to spite its management. He had been buying shares for a while, and at one point offered them a chance to buy them back. They low-balled him on the price, he got pissed, took majority control of the stock, and fired the management.
Warren Buffett bought Berkshire Hathaway in part to spite its management. He had been buying shares for a while, and at one point offered them a chance to buy them back. They low-balled him on the price, he got pissed, took majority control of the stock, and fired the management.