Thread: Economics Investments & Personal Finance
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Old 01-29-2013, 07:25 PM   #82
KC native KC native is offline
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Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $49339
Quote:
Originally Posted by Amnorix View Post
Yeah, if Buffet was 50, I'd buy some Berkshire Hathaway, but that massive empire may wobble and eventually fall apart after he's gone. That is one GIGANTIC enterprise he's running there.
Yes, I love reading about Warren and Munger and how they work. They are the best value investors ever.

One of the more interesting things I've learned about Buffet is that they leave the people of the businesses they acquire in charge. They figure that those people can run the business better than them. They will come in with people to help make them more efficient, but for the most part they retain management at firms they acquire.
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