“To me, the answer to anyone agitating for change is a simple one. Why mess with a good thing?”
A growing number of people in society wish to use enterprises like Berkshire to promote political and social issues. And most boards meekly agree. I hope Berkshire resists the pressure after Buffett and Munger leave the scene. This is certainly not assured.
“To me, the answer to anyone agitating for change is a simple one. Why mess with a good thing?”
A growing number of people in society wish to use enterprises like Berkshire to promote political and social issues. And most boards meekly agree. I hope Berkshire resists the pressure after Buffett and Munger leave the scene. This is certainly not assured.
Yes, that's one of my biggest concerns about the post-Buffett era. I hope that Greg Abel (and others) have the clout to keep Berkshire the way it is.
Thank you for investing your time and summarizing for us!
Seconded. Good summary, thank you!
What price did he (Abel) do last buys? Brk.a or brk.b
Back in September, he bought 168 Class A shares at prices between $405,000 to $408,000.
Another wonderful piece. What a shame more boards don’t act honorably like Berkshire... So many proxy are longer than annual reports.
Thanks!
Really love the writing style. Clear, concise, simple - I wish I could write like you...
Thank you! I really appreciate the kind words! ❤️