This chapter presents some final thoughts. This book has examined Berkshire and its subsidiaries to generate a picture of Berkshire’s corporate culture. It has shown that in all these subsidiaries—despite their number and diversity—are shared values. There is also a common outlook of permanency among all these companies, many of which had faced the travails of serial ownership by corporate parents, leveraged buyout operators, or private equity firms. Once Buffett leaves Berkshire, deals are expected to be handled differently, shareholder letters will strike a different tone, and the annual meetings will feel odd. But Berkshire will always acquire new businesses, readers will continue to study Berkshire’ annual shareholder letters, and shareholders will still flock to the annual meetings. As a new guard leads the evolution of Berkshire beyond Buffett, they will set its course and the company will never be the same. Yet the core values that define it have proven to offer unique sustaining value.
Columbia Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us .