No. of Recommendations: 27
When looking at our current business, we have a bunch of SLOW growers.
Yes. That’s how the corporation was built, brick by brick.
But I gotta believe that type of slow growth is not why Greg or anyone else would want the job.
I would guess Warren chose him precisely because he’s not the type to take a flyer on some cockamamie fad, but continue the kind of stability and reliability that Berkshire is famous for.
I see an asymmetric opportunity with little to no downside
Said the CEOs of WorldCom, GE Financial Services, Westinghouse Financial Services, Lehman Brothers, AIG, Countrywide, Arthur Andersen, Nortel, Bear Stearns, not to mention the Mississippi Company, and South Sea company, among many others who were convinced they could get rich quick instead of get rich slow.
I’ll take my compounding lumpy, and slow, as opportunities arise with a huge capital bank, thanks.
