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Buffett Sees a Lot to Dislike in U.S. Companies

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Warren Buffett says Berkshire's corporate culture will endure after he and Charlie Munger are gone

The chairman and CEO of Berkshire Hathaway Inc. and his longtime business partner, Charlie Munger, spent the weekend riffing on highly paid corporate board members who aren’t truly independent; committee meetings that waste time; and best practices embraced by managers that may not necessarily work.

 

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Cultists.

Not necessarily

Then Buffett and Munger conferred in private about getting those damn kids to stay off their lawn.

I have been fortunate enough to sit and listen to Warren Buffett speak and take questions on two separate occasions. He really does seem to have sensible answers to every question.

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