Management
Berkshire Hathaway principles on manager-owner relationship
Among Warren Buffett’s letters to Berkshire Hathaway stakeholders, one that gave shareholders a good summary of Berkshire Hathaway’s major business principles pertaining to the manager-owner relationship is that of March 14, 1984 for Year 1983. Here is a gist of the summary: * Although Berkshire Hathaway’s form is corporate, its attitude is partnership, treating shareholders as…
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