Money and Finance
Berkshire Hathaway's Texas CEOs say Buffett manages by not managing
Thanks to Matt for passing this along.
Warren Buffett is one of the nation's most successful businessmen. So what's his key to managing Berkshire Hathaway, a corporation that operates 80 businesses with annual revenue of more than $140 billion?
Not managing, according to four Fort Worth executives who work for him.
The top executives at BNSF Railway, Justin Boots, Acme Brick and TTI came together Wednesday to share stories about the Oracle of Omaha before 550 people at a Fort Worth Chamber of Commerce breakfast.
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Investors Earn Handsome Paychecks By Handling Buffett's Business
Found via the Corner of Berkshire & Fairfax. Warren Buffett's decision to hire two investment lieutenants is paying off for Berkshire Hathaway, and it's paying off for the two younger money managers, too. Todd Combs, 42, and Ted Weschler,...
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Buffett Not Worried About Fiscal Cliff
Thanks to Will for passing this along. NEW YORK (CNNMoney) -- Warren Buffett is not worried about the fiscal cliff. While it's not ideal, the founder of Berkshire Hathaway (BRKA, Fortune 500) thinks that President Obama must be willing to keep...
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Buffett's Latest Bargain: Berkshire Hathaway
For all the adulation he receives, Warren Buffett isn't getting credit where it arguably counts the most: his company's share price. Berkshire Hathaway's Class A shares trade around $128,000 a share. While that's a big number, it's...
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Ready To Try On Mr. Buffett's Shoes
Found via the Corner of Berkshire & Fairfax.It is tough to follow a legend. Ted Weschler considers himself one of Warren Buffett's biggest admirers, but until this past summer, he couldn't actually see himself working for the Oracle of Omaha....
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Misguided Guidance
MANY MANAGERS DON'T UNDERSTAND the difference between promoting their products and touting their companies' stock.- The best managers increase shareholder value by operating the business smartly and allocating capital wisely, so that intrinsic...
Money and Finance