Warren Buffett Made 3 Big Mistakes Recently -- Here's the Reason They Haven't Hurt Him

Few investors have been around as long as 90-year-old investing legend Warren Buffett. The person many call the Oracle of Omaha remains as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), a company he first started doing business with more than half a century ago. Buffett's lifelong track record has put the power of time to full advantage, and his accomplishments will be hard for anyone to surpass.

Yet Buffett has admittedly gotten a lot of things wrong over the past year. In particular, three missteps have cost him and Berkshire shareholders significant amounts of money. However, there's one thing that Buffett has done that's consistent with his investing strategy -- and it has served to make up for his miscues.

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Source Fool.com