Poor Charlie's Almanack: The Essential Wit and Wisdom of Charles T. Munger · chapter 5 · id poor-charlies-almanack-c5-04-berkshire-missed-major-investm

“Berkshire missed major investment opportunities including Google, Amazon, and early Microsoft, and Munger has acknowledged these as errors.”

holdsconfidence: high✓ ZHP-verified + red-teamed

Receipts

Berkshire Hathaway 2017 Annual Shareholder Lettersource alive

Buffett has acknowledged missing Google and Amazon, calling himself an 'idiot' for not buying Amazon.

CNBC coverage of 2019 Daily Journal Annual MeetingFLAGGED: dead link (404)

Munger: 'We were smart enough to know Google was a great company, but we didn't buy it.'

This claim is a stable, citable object. If you can falsify a verdict, tell us — corrections are loud here.