Berkshire hathaway: Yes, it will endure.
Position | THOUGHT LEADERSHIPw - Berkshire Beyond Buffett: The Enduring Value of Values - Brief article - Book review |
I began researching this book after widespread praise for Warren Buffett became paradoxical: his goal has been to build Berkshire Hathaway into a lasting corporation, yet even great admirers say the company cannot survive without him.
Although much has been written about Buffett as a person and as an investor, there has been scant treatment of Berkshire as an institution. My hypothesis was that Berkshire has distinct features and a strong corporate culture that will endure beyond Buffett. I understood that to identify and explain that culture would require looking beneath the familiar surface of Buffett's philosophy--acquiring great companies run by outstanding managers. I would need to start at the top but then look at each part, especially Berkshire's 50 significant direct subsidiaries.
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