Let’s take it back to 1956 and 1957 to observe the original formation of Buffett Partnership Limited (BPL) by Warren Buffett, which was a vehicle he used to accumulate much of his wealth. Initially, it allowed him to take an active role in his investments in companies such as Dempster Mill, in which he installed his own management team for operational efficiency. Berkshire Hathaway Inc. Class A was eventually acquired and the partnership became similar to a holdings company which was able to provide insurance premiums that were critical in utilizing capital for future investments. Warren Buffett is better known for investing in companies like The Coca-Cola Company and GEICO, which are heavily covered by the markets and the media. Unbeknownst to many is Buffett’s deep engagement in entrepreneurial activities that provide seed capital. In today’s businesses, a CEO plays a vital role within an organization. From a valuation perspective, their strong track record will drive market confidence and make the company more attractive to investors.
from Forbes - Leadership http://ift.tt/1ObHwrs
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