Now, this is something that could make me enroll in an MBA:
Buffett has repeatedly stated that he thinks he would make a lousy CEO and thus is happy to let the managers of the companies he buys for Berkshire keep their posts. Here's how he told the Wharton whizz kids:
Make yourself a favor and read the whole thing.
Some 15 times a year Berkshire CEO Warren Buffett invites a group of business students for an intensive day of learning. The students tour one or two of the company's businesses and then proceed to Berkshire (BRKA, Fortune 500) headquarters in downtown Omaha, where Buffett opens the floor to two hours of questions and answers.This time, it was students from Wharton. The Wharton MBA is ranked as the best in the world by the Financial Times.
Buffett has repeatedly stated that he thinks he would make a lousy CEO and thus is happy to let the managers of the companies he buys for Berkshire keep their posts. Here's how he told the Wharton whizz kids:
But if you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do. It might be wonderful to be head of GE, and Jeff Immelt is a friend of mine. And he's a great guy. But think of all the things he has to do whether he wants to do them or not.Lesson: do what you love.
Make yourself a favor and read the whole thing.
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