"I have known no wise people who didn't read all the time — none, zero." – Charlie Munger

ArchiveSeptember 2016

Billion Dollar Lessons – List of Company Failures

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List of the Company Failures From Billion Dollar Failures Download a printable PDF version of the chart Company/Category Description Mistakes Result Illusions of Synergies       Unum and Provident • Unum was largest provider of disability insurance in the U.S. for groups and Provident for individuals • The two companies merged in 1999 in a $5bn transaction with the expectation that Unum could...

"I have known no wise people who didn't read all the time — none, zero." – Charlie Munger

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