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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Umm 🐝  😊 😞
Number: of 21944 
Subject: Re: What he said
Date: 03/30/23 1:56 AM
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"I think this is the nub of where Goofy disagrees with Buffett.

If competence is not the only criterion, then either

A) sometimes competence will suggest one hire while some other criterion will suggest another hire, and we should sometimes go with the less competent hire.

-OR-

B) sometimes competence will suggest one hire while some other criterion will suggest another hire, and we should always go with competence.

I think Buffett and myself are solidly going for B.

I'm guessing, Goofy, that you're writing is meant to suggest you would be going solidly with A. If not, then you want to hire by the same criterion that Buffett talks about, but you would also like to virtue signal that you care about diversity? You tell us what you mean, and if possible why would be great as well. Does it ever make sense to go with Diversity over Competence?"


You are not even close to getting Goofy's point.

You are also creating a false choice.

Here is a test:

Please rank the following people by competence for an open board seat:

Buffett
Munger
Jain
Ted
Todd
Greg Abel
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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