Post #10928 by CrankyCharlie on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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I would encourage anyone interested in XOM to read the following book:

https://www.amazon.com/Exxon-Transforming-1973-200...

This is John D. Rockefeller's Co. and the culture has never changed for 100 years. Moreover, XOM is run by engineers not corporate bureaucrats. There is a LONG history of scale, cost controls/ongoing cost cutting, strong financial discipline and conservatism.

This is Fort Knox. Very Berkshire like culture (invest counter cyclicly etc).

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