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Legendary value investors' secrets

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August 17, 2022

Archives for March 9, 2017

How Berkshire Hathaway selects a new director

Berkshire Hathaway’s four long-standing criteria in selecting a new board director: owner-oriented, business-savvy, interested and truly independent. Chairman Warren Buffett said: “I say “truly” because many directors who are now deemed independent by various authorities and observers are far from that, relying heavily as they do on directors’ fees to maintain their standard of living.

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