In a 1985 interview with financial journalist and author Adam Smith, Warren Buffett shared the principles behind his extraordinary investment success. Smith, who had met Buffett early in his career, admitted on camera that he regretted not investing. Buffett, never one to brag without data, responded calmly: “If you joined the partnership when we started in 1956 and reinvested the proceeds in Berkshire… I think you’d have a little over $15 million now from $10,000.”
