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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (47984)10/16/2001 3:09:21 PM
From: Pirah Naman   of 54805
 
What do you think WB sees in it?

Comfort. From the BRK Owner's Manual:

11.You should be fully aware of one attitude Charlie and I share that hurts our financial performance: Regardless of price, we have no interest at all in selling any good businesses that Berkshire owns. We are also very reluctant to sell sub-par businesses as long as we expect them to generate at least some cash and as long as we feel good about their managers and labor relations.

He has, in other writings, stated that because of his relationship with certain companies, he will not sell them. It is his admission that this is not a pure business decision.

- Pirah
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