Warren Buffett (Age 83) is the CEO and Chairman of Berkshire Hathaway, the fifth largest corporation in America, with $162.5 Billion in Revenue and 300,000 Employees. Buffett and his long-time Co-Everything, Charlie Munger (Age 90), literally took center-stage at the company’s recent Annual Meeting. Each year, the pair holds a town hall meeting, at which Investors may ask questions.
The linked article, from NY Times, reveals a little insight into the pair of Octogenarians’ management style, http://dealbook.nytimes.com/2014/05/05/berkshires-radical-strategy-trust/?ref=business. Given the fact that Buffett is one of the World’s most-renowned investors, and one of the most-admired corporate managers, you might find these revelations truly amazing.
Consider the following: Berkshire Hathaway does not have a General Counsel to overseas its dozens of subsidiaries, each of which operate autonomously; there is not a Human Resources (A/K/A Personnel) Department; and there is not a Compliance Officer to follow-up on any other loose details that might…
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