Warren Buffett's gravest mistake was buying Dexter Shoe in 1993. The Maine shoemaker quickly became worthless, whereas the Berkshire Hathaway shares he used to purchase it have soared 27-fold in value ...

Warren Buffett, the billionaire investor and CEO of Berkshire Hathaway Inc., acknowledged one of his biggest financial blunders in buying Dexter Shoe Co. in 1993. Dexter, a Maine-based shoemaker, was ...

Warren Buffett’s “most gruesome mistake” was buying Dexter Shoe in 1993. The Maine shoemaker quickly became worthless; the Berkshire Hathaway shares he swapped for it are worth about US$8.7 billion ...

If you have the itch to go to your nearest bowling alley and try bowling a few strikes, a good pair of bowling shoes can take you far. Instead of having to pay to rent someone else’s stinky shoes, ...

The last remains of U.S. shoe production by Dexter Shoe Co. will be gone by the end of September, as the firm plans to auction off equipment from its manufacturing plant. The shoemaker, which shut ...

DEXTER, Maine — Dexter Shoe Co. plans to close its last remaining plant in Maine, ending all domestic manufacturing for the company and putting as many as 500 people out of work, a state official said ...

Warren Buffett's "most gruesome" mistake was buying Dexter Shoe, a Maine shoemaker, in 1993. He paid with Berkshire Hathaway stock worth $433 million at the time, but $12 billion today. "I gave away 1 ...