<p> How a $25 million candy company helped Buffett and Munger understand the power of brands, pricing power, and businesses that produce cash without needing much capital.</p>

How a $25 million candy company helped Buffett and Munger understand the power of brands, pricing power, and businesses that produce cash without needing much capital.

<p>&nbsp;How a $25 million candy company helped Buffett and Munger understand the power of brands, pricing power, and businesses that produce cash without needing much capital.</p>

1972: See's Candies

Becoming Berkshire is a year-by-year journey through the history of Berkshire Hathaway, Warren Buffett, Charlie Munger, and the ideas that shaped one of the greatest compounding stories in business history.

The story begins on December 12, 1962, when Buffett Partnership began buying shares of a struggling textile company in New Bedford, Massachusetts, for $7.50 per share. From there, we follow the people, investments, mistakes, letters, deals, and lessons that transformed Berkshire Hathaway into a business legend.

Business

Investing

Becoming Berkshire is a year-by-year journey through the history of Berkshire Hathaway, Warren Buffett, Charlie Munger, and the ideas that shaped one of the greatest compounding stories in business history. The story begins on December 12, 1962, when Buffett Partnership began buying shares of a struggling textile company in New Bedford, Massachusetts, for $7.50 per share. From there, we follow the people, investments, mistakes, letters, deals, and lessons that transformed Berkshire Hathaway into a business legend.

Share 1972: See's Candies

Sign up to save your podcasts

1972: See's Candies

1972: See's Candies