CEOs to Face Berkshire-Loyalty Test

Introduction3

Discussion3

Warren Buffet3

Prominent Figure in Investing4

Berkshire Hathaway5

What they do?7

Strategies & Acquisitions7

Berkshire Hathaway Net worth9

Investment Strategy10

Current Stronghold of Warren Buffet10

Future of Berkshire Hathaway11

Would A Heir Be As Good As He Is?11

Effects on Shareholders/Stakeholders12

Change in Management12

Conclusion12

CEOs to Face Berkshire-Loyalty Test

Introduction

When Cathy Baron Tamraz, the lady is the CEO of Business Wires Inc., has first read about Warren Buffet's profile she was highly appreciated his management style efforts. She wrote a letter to billionaire investor that is Warren Buffet to inquire him to purchase her company. The CEO was confident about his management style, and hands off approach that help to maintain a sustainable position in the market. Warren Buffet has maintained dozens entity companies with a collaboration to make as Berkshire Hathaway Inc. The CEO was highly admired with the turnover of Berkshire Hathaway, the rules and policies which they governed in individual companies. The richest investor has settled his individual companies and maintained autonomy management style that highly appreciated by their company's executives and senior executives. The loyalty test of CEO to face the strategies of Berkshire Hathaway is a strong evident that describes how to manipulate the management style in business and the occurrence of retaining the employees and their association with companies (De Kluyver, 2009).

Discussion

Warren Buffet

Warren Edward Buffet is an American national business tycoon, richest investors and philanthropist that is inspirational character for millions of business leaders and chiefs. He is extensively considered as the most victorious investor in 20th century. Mr. Buffet is the CEO, chairman of greatest investor of Berkshire Hathaway. The person is continuously ranked among the top richest investor at worldwide. On monetary research at worldwide, Warren Buffet was the 8th wealthiest person in 2008, and 3rd wealthiest in 2011. In 2012 research study, the most influential and highly inspirational people at worldwide. The quality of being as a wealthiest person is the frugality that made him a sense of ability to invest at accurate place and time. Being as most successful investor shareholders, he is known as Oracle of Omaha. He is also a prominent philanthropist that [provide assurance up to 99 % of his wealth at charitable causes. This makes his personality more specific at worldwide level (Simons, 2010).

Warren Buffet was born in Omaha, Nebraska where he completed his education in Bachelor of Arts and Science from University of Columbia. He had sense of frugality from his school days. Buffet has high interest in making and saving money. He sold chewing gums, magazines and other things from door to door. The quality of saving and investing at a right place has made him more significant amongst other business leaders.

Prominent Figure in Investing

Buffet interest in stock market and spending from his childhood. At the age of 11, Buffet bought three shares of Cities Service that had critically described its interest in saving and investing the money. In 1951 to 54 he offered his services in Buffet Falk & Co as investment ...