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Charlie Munger says it was a mistake for Berkshire Hathaway to not invest in Google and Walmart (GOOGL, Wmt)

Business Insider

Berkshire Hathaway wants to apologize.

During the investment conglomerate's 2017 annual shareholder meeting, vice chairman Charlie Munger admitted Berkshire missed the boat on Google and Walmart.

"We failed you there," he said, calling the firm's decision to not invest in the two companies its "worst mistake."

"We were smart enough to figure it out and we didn't," said Munger.

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