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I don't think Warren Buffet or other Berkshire people do a lot of meetings after a buyout. Sure, they bring him over to show to an average worker, but they're n
by borism 16y ago
I don't think Warren Buffet or other Berkshire people do a lot of meetings after a buyout. Sure, they bring him over to show to an average worker, but they're not there to manage. If they don't believe in firm or management they won't invest in the first place.
- dugmartin 16y agoMost of their buyouts are private because the founder wants to retire or the heirs don't want the hassle of running the company. In either case the people in Arrington's role don't stick around because they already have professional management in place.
- jorkos 16y agothat's actually not true, they like the founders to stick around; Buffett is great at keeping founders around long after Berkshire buys them
- jmtulloss 16y agoYou two have opposing statements, and neither of you backs up your argument.
- borism 16y agoI'm sorry, I don't get it. What two opposing statements does he have? And also I don't see what argument is he trying to make in your opinion. From what I see he makes factual rebuttal of previous (incorrect) statement.