No. of Recommendations: 1
<i<Larry Cunningham actually said, "Susie obviously knows Berkshire better than anyone and spends way more time with him than anyone else,
even his wife, and knows the culture and the do's and don'ts, and she is also tough. When he leaves, we know there won't be
exceptions or exemptions or waivers around core principles. She will speak up for that."
"She understands Berkshire better than anyone, spends more time with Warren than anyone and she's tough..."
That's someone I want on my board. Perhaps you don't, I'll vote my shares you vote yours. Different viewpoints make the world interesting!
Fair enough. I see no reason to subcontract my opinion to Lawrence Cunningham. All he is saying is that Buffett's daughter is qualified because she has spent a lot of time with him. I find the argument unpersuasive to say the least. In addition his comments do not cover Howard Buffett.
The wider point is about Buffett kids being shuffled in to board seats with unexeptional qualifications.
I am very familiar with Larry Cunningham and his books on Buffett and quality shareholders by the way and he is actually on the board of Constellation Software, which I have a holding in as well.
I generally feel his research is worth reading and he makes good points.
As he is not a member of the Berkshire board, nor a substantial Berkshire shareholder or particularly personally close to Buffett, I am not that influenced by his subjective opinion of a person who I'm not even sure he has ever worked personally with.