5 Easy Facts About Berkshire Hathaway stock Described

5 Easy Facts About Berkshire Hathaway stock Described

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{Another famous nugget of knowledge from Buffett is his quip that his favored holding interval is "for good."

In Berkshire Hathaway's once-a-year shareholder letter dated February 25, 2012, Buffett mentioned that his successor as CEO had been selected internally but not named publicly. When the intent of this concept was to bolster self-assurance during the leadership of a "Buffett-significantly 메이저사이트 less Berkshire", critics have mentioned this approach of choosing a successor with no concrete exit tactic to the sitting down CEO generally leaves a company with fewer long term selections, although executing small to quiet shareholder anxiety.[37]