Lots of people get us confused, but Warren Buffett is the guy who drinks Coke, lives in Omaha…and has about a katrillion dollars to his name. I’m the other Warren.
Which is why his news last week that he was taking $200 million of Berkshire Hathaway’s money and buying stock in RH is so intriguing. Here’s a home furnishings retailer that has totally transformed itself, making a bunch of money in the process and driving its stock price to new highs. And that Warren thinks is a good investment.
Mr. Buffett is pretty good at picking winners. Mr. Shoulberg…not always so much. Doesn’t make me Stupid…just makes him really smart. Here’s my take in my new Forbes.com post: https://www.forbes.com/sites/warrenshoulberg/2019/11/15/berkshire-hathaway-moves-more-into-furniture-retailing-with-stake-in-rh/#287f29992521