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How much of Berkshire actually relied on Buffet toward this announcement? I'm increasingly suspect of 90+ or 80+ adults operating the machinery of massive entit
by aliljet 1y ago
How much of Berkshire actually relied on Buffet toward this announcement? I'm increasingly suspect of 90+ or 80+ adults operating the machinery of massive entities. Lots of examples of this.
- Frost1x 1y agoYou’re probably right, but I suspect he guided the general direction of investments. I suspect they had very clever highly qualified younger people dealing with most the day to day decisions within those boundaries. I wouldn’t discount the contribution of either: both broad vision and narrow focus can add a lot of value.
- blitzar 1y agoIf he did nothing it would be a lot, he sets the tone. A young investor who thinks the whole portfolio should be in shitcoins because they are going to moon next week won't get a look in and the culture holds. Take away the figure head and things can creep in a bad direction.