Description du livre
Get ready for the definitive look at Berkshire Hathaway, the world’s largest and most successful conglomerate.
The Warren Buffett CEO, 25th Anniversary Edition dives deep into the transformation of a legendary company and its leaders.
Readers will learn about: From $1 Billion to $47 Billion: Track the stunning growth of Net Operating Earnings and explore Berkshire Hathaway’s strategic shift from relying solely on insurance investments to incorporating massive growth in insurance underwriting income, manufacturing, service, retail, railroads, and energy. The Next Era: Buffett to Abel: An in-depth analysis of the transition from "teacher" Warren Buffett to his designated "coach," Greg Abel. Discover how Abel's management style will sustain Berkshire's unique culture and drive future expansion. The Untouchable Culture: Uncover the secret behind Warren Buffett’s proudest 56 year career achievement: never losing a subsidiary CEO to a competitor—a remarkable record that continues 25 years later. Hear from the executives themselves on how this loyalty is maintained through a historic leadership change. The Insurance Engine: Four new chapters dedicated to the core of Berkshire’s success. Meet the three insurance executive wizards, including Ajit Jain’s potential successor, generating profitable float and the exceptional investment manager entrusted with a portion of the multi billion equity portfolio. Inspiration & Innovation: Read the incredible story of Katie Farmer, who rose from intern to become the world’s first female railroad CEO, driving a substantial portion of Berkshire's operating earnings. Building America: Explore how Clayton Homes, under family manager Kevin Clayton's leadership, expanded from his father’s management of a family business publicly traded one to wholly owned Berkshire subsidiary and becoming the nation's largest home builder.
Plus, the must-read Appendixes! Featuring a "Then and Now" update on subsidiary CEOs, a jaw-dropping chart of the "Conglomerate of Everything," and a humbling list of 25 Years of Mistakes made by the world’s greatest investor.