The secret and the most horrible mistake of super-rich investors

Bill Gates: Help the rival company

What is your most horrible secret? He helped Microsoft's rival company. And that company is nothing new to us, that's Apple.

Although today Apple is considered one of the most powerful technology tycoons in the world, the company faced many difficulties in the early 1990s. While Apple is constantly suffering the same time Microsoft's 1990 revenues were $ 1.18 billion and soared to $ 23 billion in 2000.

This has forced Apple to sell shares worth $ 150 million to Microsoft. But the next big mistake was Bill Gates's plea, when he agreed to add the terms Microsoft would provide software to Apple, thereby ensuring the longevity of Apple products.

Thanks to this deal, Apple is able to maintain its business and achieve much success later, even dominating the company that is far behind.

Bill Gates and Warren Buffett at an event held at Columbia Business School in 2017 in New York

Warren Buffett: Breaking the Rule of Himself

It's no exaggeration to say that Warren Buffett is the most famous investor of our time. Although he is the third richest person in the world, he is always humble. The bulk of his $ 90 billion worth of assets comes from investing in companies he knows and keeps investing for a long time. Although he is famous for his strict rules, he sometimes breaks the rules. For years Warren Buffett did not invest in any technology company. But he invests a tremendous amount in the iconic technology company - IBM in 2011.

Only time to answer your chosen IBM is wrong or not. But this decision has cost him a dime. By December 20, 1974, the price of an IBM stock was about $ 153, much lower than the previous purchase price. he is 167-197 USD.

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