Warren Buffet, the Man of Genius.
Warren Buffet’s company, Berkshire Hathaway has posted a tremendous 3Q gain (http://www.iht.com/articles/ap/2006/11/04/business/NA_FIN_EARNS_US_Berkshire_Hathaway.php) . Earlier, in October, the company had a record breaking stock price on the NYSE, with shares topping $100,000. I have lost the citation for this information at this time, however a quick google search may provide the results. Also some vague information about these stock prices is mentioned later in the cited article
While the 3Q gains have been attributed to “good luck,” the man is none-the-less a genius at increasing shareholder value. Having worked for a Berkshire subsidiary (The Medical Protective Company), I have had the honor of simply shaking the man’s hand.
Warren Buffet began investing in the company in 1962 and soon became its primary shareholder. His decisions to change management allowed the company to grow and he began to transform it into a holdings company. Today the company owns significant shares in Coca-Cola, Geico insurance, and Wells Fargo Co.
It discontinued its textile business in 1985 and more info can be found at (http://www.buffettsecrets.com/berkshire-hathaway.htm).
Mr. Buffet occasionally auctions off his time for lunch meetings on Ebay with the proceeds devoted to different charities.
Mr. Buffet is the epitome of corporate responsibility. His business grows through the basics of honesty, fair treatment, and ethical business decisions. The man is a legend and a genius. If only more corporate executives would take a lesson from his example.
The man is a role model of mine as he is a self-made man and a great business leader.
While the 3Q gains have been attributed to “good luck,” the man is none-the-less a genius at increasing shareholder value. Having worked for a Berkshire subsidiary (The Medical Protective Company), I have had the honor of simply shaking the man’s hand.
Warren Buffet began investing in the company in 1962 and soon became its primary shareholder. His decisions to change management allowed the company to grow and he began to transform it into a holdings company. Today the company owns significant shares in Coca-Cola, Geico insurance, and Wells Fargo Co.
It discontinued its textile business in 1985 and more info can be found at (http://www.buffettsecrets.com/berkshire-hathaway.htm).
Mr. Buffet occasionally auctions off his time for lunch meetings on Ebay with the proceeds devoted to different charities.
Mr. Buffet is the epitome of corporate responsibility. His business grows through the basics of honesty, fair treatment, and ethical business decisions. The man is a legend and a genius. If only more corporate executives would take a lesson from his example.
The man is a role model of mine as he is a self-made man and a great business leader.
posted by Kyle at 11:24 AM
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