“In a company with over 270,000 employees , there are only 23 at corporate headquarters in Omaha. There are no regular budget meetings for Berkshire companies. The CEOs who run Berkshire's subsidiary companies simply never hear from Buffett unless they call for advice or seek capital for their…”Tagged: Berkshire Hathaway, Decentralization, Manage Little, Management
“Buffett has famously eschewed splitting Berkshire's A shares, which currently trade at over $120,000, more than fifty times the price of the next-highest issue on the New York Stock Exchange (NYSE). He believes these splits are purely cosmetic and likens the process to dividing a pizza into eight…”Tagged: Berkshire Hathaway, NYSE, Ownership