Berkshire Hathaway CEO Warren Buffet has purchased the entire Chinese women’s gymnastics team for an undisclosed sum and will use them to establish a Gold Medal Hedge Fund for the 2012 Summer Olympics. “I’m an American and I support the American athletes,” explained Buffet. “But I lost my shirt betting against Gates on women’s gymnastics and I won’t let that happen again.” …
August 26, 2008
Warren Buffet buys Chinese gymnastics team
