Likely Buffett Successors Abel, Jain Promoted at Berkshire Hathaway

January 10, 2018

  • January 11, 2018 at 10:51 am
    Joel Glass says:
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    What ever happened to the Woman who climbed quickly and was thought to be possibly mentored over last few years by him & Charlie. ? He mentioned in past he would have a co ceo — Not to weed the weak out but to make sure the two genius sharks – watch and learn from each other.

    Warren Buffet uses a combo of data and instinct to buy companies. He loves Clever people — Read the articles there are many out there that talk about the 90 year old woman who founded Nebraskas Furnture mart – which he bought — then she reopened another a single store to keep herself busy with a sim name prices and concept locally inn Omaha == – As it was a handshake deal — She hardly was threatned as it was never discussed that there was any type of non compete clause — /// He is Relationship Based = == you cant beat that — He bought oriental trading company because he like the unique exotic imports from China — They were one fo the first organized Novelty & Party supply companies to attach themselves to teachers, parent churches etc.. While other Nov import companies sold cups and dolls to the circus and supplied vendor with items to sell at festivals and parades — There is money in penny toys – But Buffet bought it because they were in deep financial trouble and he liked the man who founded it – so he bought it — Omaha is his town and to see a Omaha Generational business vanish was not going to happen. Basically he chooses who he likes personally — and whom he knows has a brilliant mind. He could cafe less the IVY league schools. The Holding company is just well run and its methodical but also passionate based if there is mitigated risk,.

    • January 12, 2018 at 3:06 pm
      Agent says:
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      Wonder why a billionaire businessman ever attached himself to a Progressive Socialist who wanted to redistribute the wealth and make the rich pay even more than they do already? Puzzles me to this day.

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