Who Put the Oh! in Omaha?

Warren Buffett’s Omaha-based financial empire grew from $40 a share in the 1960s to $100,000 a share today. How did he do it and is it possible for lightning to strike twice?
By: Eloquent Books
 
Aug. 20, 2009 - PRLog -- Buffett’s Berkshire Hathaway is the stuff of legends. In today’s business world, many companies are run to benefit management teams, while shareholders receive little respect. In Building the Next Berkshire Hathaway, author Daniel Braem outlines the business principles that established this company as one of the best run in U.S. history.

There are plenty of investment books on the market, but this one tells how Warren Buffett’s success as a CEO is tied to his respectful treatment of shareholders, and how that differs from the way most companies are managed. In fact, it’s becoming more and more difficult to find well-managed companies.

Braem believes that the recent financial blowups demonstrate an overriding lack of respect for shareholders and that management regularly risks shareholder assets without restraint. Win or lose, management always wins. If the risks pay off, bonuses are awarded. If the risks fail, management may get hefty severance packages.

Whether you’re an investor or an executive looking for business acumen, Building the Next Berkshire Hathaway is an indispensable resource.

About the Author:
Daniel Braem is a financial consultant and writer for the business Web site, Seeking Alpha. He lives in Cherry Hill, New Jersey.

Publisher’s website:  http://www.eloquentbooks.com/BuildingTheNextBerkshireHath...  
ISBN: 978-1-60860-611-5

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Source:Eloquent Books
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Tags:Building, Berkshire Hathaway, Warren Buffett, Financial, Empire, Business, Principles, Shareholders, Success, Management
Industry:Books, Business, Literature
Location:New York - United States
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