No. of Recommendations: 2
'I think it will be the same for a long time, and that's the way I want it. The Berkshire culture will be preserved.
At some point activist investors might try to force a breakup to "unlock shareholder value". If they succeed it would get them a quick buck at the expense of long-term investors.'
Yes indeed, I agree wholeheartedly we are in fine shape. It's wonderful WEB had the vision and has essentially created dominant control of his baby and surrounded himself on the Board with a cast of incredible quality professionals and human beings with wisdom and experience who totally get it and will honor his vision for a long long time. They will always prioritize shareholder value. Activists will be wasting their time, money and energy imo. This is far from a Disney.
Although it is sad that several older Board members have recently passed, I am So Glad WEB could hand pick Chenault, Weitz, Susie, Davis, & Murphy, Jr. They all should have pretty long tenures. WEB's extended control and influence will truly last for at least a decade or two from the grave imo. Brilliant and he is willing to take any criticism so Greg might take less going forward! It's a Win Win Win.
