Facts About Berkshire Hathaway stock Revealed
{A different famous nugget of wisdom from Buffett is his quip that his preferred holding period of time is "endlessly."In Berkshire Hathaway's yearly shareholder letter dated February 25, 2012, Buffett claimed that his successor as CEO had been selected internally although not named publicly. Even though the ë©”ì´ì €ì‚¬ì´íŠ¸ intent of this information was to bolster self esteem inside the leadership of the "Buffett-significantly less Berkshire", critics have noted this technique of selecting a successor with out a concrete exit technique with the sitting CEO often leaves a company with fewer long-lasting alternatives, while executing small to quiet shareholder concern.[37]