Not known Facts About Berkshire Hathaway stock

Not known Facts About Berkshire Hathaway stock

Blog Article

{1 billion for full ownership of industrial big Precision Castparts Corp., Buffett brushed off considerations above the bear sector in Electrical power prices at the time as myopic, telling CNBC, "We're going to be in this business for a hundred years."

In Berkshire Hathaway's yearly shareholder letter dated February twenty five, 2012, Buffett claimed that his successor as CEO were picked out internally although not named publicly. Whilst the intent of this message was to bolster self confidence from the Management of the "Buffett-fewer Berkshire", critics have pointed out this strategy of selecting a successor without having a concrete exit strategy for the sitting CEO often leaves an organization with fewer long term options, while 메이저사이트 doing little to quiet shareholder panic.[37]