Russo: Berkshire's Acquisition Advantage Will Endure if Operating Autonomy Persists
Tom Russo · Thomas Russo – All About Berkshire Hathaway (Capital Allocators, EP.89) · Mar 4, 2019 · at 19:40
Investor Tom Russo explains to Ted Seides why Berkshire Hathaway's acquisition moat can endure beyond Warren Buffett's tenure.
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“And so long as all of the infrastructure that I described within the Berkshire model as they operate, Remains. I think Berkshire will have the ability to drop people from similar businesses down the road over time. The moment that they break from that process of offering protection from quarterly conference calls, offering capital, offering advice, and letting the management who owned the business continue to run them as they still did. If that continues, it'll go unbroken.”
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