"Just what is the culture that Howie Buffett is meant to protect? Berkshire is known for buying business and keeping them, giving managers latitude to operate, holding plenty of cash.
Howie Buffett defines it this way: "The culture is to keep things simple, to do what you need to do but don't do a lot of things you don't need to do, treat people fairly, respect your managers, respect your shareholders. Tell them the bad news upfront, be honest," he said." [1]
1. EXCHANGE --- The Next Buffett Is Ready --- Warren prepares his middle child, Howie, to succeed him as chairman at Berkshire Hathaway with lessons in what shouldn't change -- and what might. Langley, Karen. Wall Street Journal, Eastern edition; New York, N.Y.. 11 Jan 2025: B1.
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