Here's How Warren Buffett Made Billions From An Industry He Didn’t Understand

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Here's How Warren Buffett Made Billions From An Industry He Didn’t Understand

In a surprising turn of events two decades ago, Warren Buffett invested in RV manufacturer, Forest River, a move that has proven to be a profitable venture for Berkshire Hathaway Inc. (NYSE:BRK). The recently passed founder of Forest River, Pete Liegl, played a significant role in this success story. What Happened: Buffett was not familiar with the RV industry or Liegl when he was presented with a proposal to acquire Forest River. Despite his un…