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The Warren Buffett school: they have free rein, ready capital and the best boss a CEO could want. They run Berkshire Hathaway companies, and you've only Successfu1, confident, well-adjusted...these chief executives don't mind working for another CEO, especially one considered by many to be the world's best. That CEO is Warren Buffett, the avuncular chief of the Berkshire Hathaway holding company. To secure a place in Berkshire Hathaway's vaunted and pricey portfolio, these individuals--or their fathers, mothers or retired bosses--sold the companies they helped build and nurture. In return, their companies stayed solvent, their employees kept working and they gained access to Berkshire's $30 billion in capital and triple-A credit rating. Moreover, they needn't answer to Wall Street analysts nor to impatient shareholders. They run their companies as they did before, under the benevolent stewardship of one of corporate America's best-loved billionaires. Robert P. Miles, author of the bestseller The Warren Buffett CEO, likens Buffett's holdings to a museum of business. "Buffett sees his job as curator, bringing paint and brushes to the artist," observes Miles. "Like a good art patron, he lets them paint the way they always have."(Continue Reading)
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