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The Warren Buffett CEO
Book

The Warren Buffett CEO

Secrets From The Berkshire Hathaway Managers

Robert P. Miles
Wiley, 2002

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Editorial Rating

8

Qualities

  • Innovative
  • Applicable

Recommendation

Robert Miles knows Warren Buffett, and it’s clear that he also knows a thing or two about the people who run the companies in Buffett’s Berkshire Hathaway. Armed with information gleaned from eight months of intensive interviews, Miles uncovers what makes a Berkshire manager tick, and covers the workings of Berkshire, itself, as well. Writing through the voices of the CEOs he portrays, Miles skillfully weaves the colorful histories of 18 firms into a revealing set of success stories. Many tales are similar - the CEOs love their companies; they worked hard to build solid businesses and no one regrets selling his firm to Berkshire. They all sound genuinely happier than you might possibly believe, and each chapter has business models you shouldn’t miss. getAbstract.com invites any executive to enter these pages for an insider’s view (still, it doesn’t hurt to remember, they all knew Warren was gonna read it).

Take-Aways

  • Since 1967, Warren Buffett’s Berkshire Hathaway has grown from $40 million in sales to more than $40 billion.
  • It is made up of 70% operating companies, but the long-term goal is 90%.
  • Buffett bases purchase decisions on both the company and who is running it.

About the Author

Robert P. Miles, a resident of Tampa, Florida, is a long-time Berkshire Hathaway shareholder and author of 101 Reasons to Own the World’s Greatest Investment: Warren Buffett’s Berkshire Hathaway. Warren Buffett has read and praised Miles’ works.

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