What is the future of Berkshire Hathaway?
Alice: Warren has designed Berkshire to outlast him by many years. How well that is executed depends on the choice of a successor, but the structure of Berkshire was designed to be both flexible and durable. It has the least embedded risk and the greatest capital strength of any company of which I am aware. So the future of Berkshire Hathaway looks sound. I don’t expect the company to grow at any astonishing pace, but its shareholders should have peace of mind that they can make reasonable returns safely. *************************** The Snowball: Warren Buffett and the Business of Life Alice Schroeder Bloomsbury, 2008. Warren Buffett is a certainly a history maker when it comes to finance. Readers are especially interested in exploring why Buffett has been very successful in generating a higher rate of return for his investors. Books about ” why Buffett has become a billionaire” have been on the market due to the mankind’s thirst for a formula on how to get rick quickly . However, Alic
