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Hiring the Next Generation at Berkshire Hathaway |
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Written by David Neubert
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Saturday, 05 May 2007 |
Warren and Charlie discuss Berkshire Hathaway selection process for the next manager.
In talking about how to find managers to run the portfolio, Buffett talks about having a small number of people manage around $5 billion each in portfolios that mimic what would fit into a $100 billion portfolio. The company monitors how these smaller portfolios go, and then after a few years, reevaluates the process. That would be the path for a future managers of Berkshire Hathaway. Should I apply?
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David Neubert |
| About the author: |
| David Neubert ran the largest trading desk in the world. |
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Last Updated ( Saturday, 05 May 2007 )
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