In this clip, a father and daughter ask Warren Buffett and Charlie Munger about their most interesting personal investments outside of Berkshire Hathaway. Warren Buffett shares a story about buying one share of a company called Atled Corp, which turned out to be an oil field that produced a lot of cash. Charlie Munger talks about buying an oil royalty that paid him a hundred thousand dollars a year and later buying shares of Bellridge Oil, which went up 30 times, but he turned down five times as much as he bought, which he considers to be the dumbest decision of his life. Watch the clip to learn more about their fascinating investment stories.
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