> I don't think it means that BH controls the day-to-day operations of any of the companies that they own or invest in. I don’t think it does either. > Like I

> I don't think it means that BH controls the day-to-day operations of any of the companies that they own or invest in. I don’t think it does either. > Like I said, I believe that Buffett looks to make his money by owning profitable companies with strong leadership in markets where they can remain competitive for a long time. Presumably by employing people who make long term decisions. Why would Buffett keep leadership in place that he thinks are making short term decisions to boost quarterly numbers?