Buffett’s Initial Days at Berkshire 1965-1970

By Dayanand Menashi  d_menashi@yahoo.com   Safe Multiple  – learn more from Buffett- The Making of an American Capitalist – By Roger Lowenstein Chapter I here Stay tuned for chapter III Berkshire Hathaway went through tough times from 1955 to 1965. It had accumulated a net loss of $10.1 million during that period. But it was seeing the light at the end of the tunnel. It had pioneered the use of synthetics and its demand was rising. Now it was up to the partnership of Buffett and Ken Chace to unlock this intrinsic value. Buffett had great respect for Chace’s technical abilities…