3 ms·
In some ways this might be the ideal corporate setup. There are enough sharks in BRK to make sure the company continues to rake it in. Maybe this is what we ne
by potatolicious 15y ago
In some ways this might be the ideal corporate setup. There are enough sharks in BRK to make sure the company continues to rake it in.
Maybe this is what we need in corporations today - a team of ruthless businessmen being reigned in by someone who has the moral perspective to make sure the business is a positive impact, but disconnected enough not to get drawn into the fray.
Or maybe that's just wishful thinking on my part, hoping someday that our banks would led by people with the moral fiber to reign in the abuse and concentrate on providing value.
- mrich 15y agoThis won't help, the ruthless businessmen can easily collaborate and lie to the outsider, he has no chance keeping them in check really.
- loganfrederick 15y agoTrue to some extent, but if the non-executive Chairman still has a board of directors vote, and (without looking at the other directors) assuming the rest of the board isn't strictly Berkshire execs, the setup could work.