Post #7175 by Urspider on the Berkshire Hathaway board

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

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"So, let me pose it this way, let's say they disclose the returns of Ted/Todd and they are not beating the market (which we all kind of know) what will that do for you?"

It wouldn't do much for me. What I find satisfying about these hires has been:

1. They were hired when there was no immediate need to fill a role.
2. They both are currently still employed and have not been fired. (Given #1, this is more important than most people would give credit to)
3. They have been given more money to manage not less.
4. They have been given more responsibilities beyond what they were initially hired to do.
5. The CEO is skilled at judging people and capital allocation.

All these makes me not worry about either of them.

jk

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