5 star review for University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting via Amazon.com: among descriptions of the business evolution which will not be interesting unless you ha

Their insights, clarity, ability to dissect a problem or business and defining it in a phrase are incredible.

Their intellectual honesty and sense of humor also.

All these is found in the book, among descriptions of the business evolution which will not be interesting unless you have had BK stock during those years like me. Anyway, those pages illustrates their approach to businesses and strategy.

The latter, as far as I understanding it, is to buy a good well managed business at a very good price, retain of a capable managers, add resources if needed, and let them work.

More or less the opposite of what many companies do with acquisitions.

As a former Gillette employee can see also the company role in its model.

Gillette was a business that can be run by mediocres. (It was not the case, but had its moments of mediocre decisions)

Of course reading every page is tiring because they are inevitably repeated but is easy to find the "pearls
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Published on January 03, 2018 21:00
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