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Berkshire Weekend: Buffett, Munger on Investing Shareholder Money Like Their Own

Liz Claman of Fox Business Channel quotes or paraphrases the Berkshire chairman and vice chairman:

Buffett: I frequently ask CEOs of companies what they would do differently if they owned the whole thing themselves. They give me a list of things. There is no list at Berkshire. We basically run this place the same way we’d run it if we owned 100%.

Munger: Berkshire Hathaway’s system has legs.

 

Posted by manualofideas on May 2, 2009 12:10 PM |

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