alt Hacker NewsSeems inaccurate to me. What I've heard is that BRK is famous for being hands-off. Their management team is too small anyway to have done much micromanaging.
Seems inaccurate to me. What I've heard is that BRK is famous for being hands-off. Their management team is too small anyway to have done much micromanaging.
Correct. Berkshire only buys well-functioning businesses. '“Turnarounds” seldom turn'.
https://www.berkshirehathaway.com/letters/1979.html