Warren Buffet should have an interview showcase like 'The Apprentice' in his search for suitable candidates in his board.
The legendary Warren Buffet, guru in investment, is looking out for suitable candidates to fill in positions in the board when he retires.
No, he is not retiring now, but a little 'contigency plan' is slowly taking place while waiting for that day to come.
He is looking to hire about three or four people as investment managers, with maybe one or two of them would be Chief Investment Officer. At the moment he is sieving through about 600 to 700 applications for the post, perhaps more over the days.
In The York Dispatch article written by Josh Funk, it was mentioned that Warren Buffet has arranged for one of the Berkshire Hathaway's (his company) manager to take his place.
An article in 'The Daily Times written by Rick Laney says that he has picked three managers from companies that Berkshire Hathaway owns.
Shareholders in his company is not really comfortable thinking about somene else replacing the legendary Warren Buffet.
That's why I think that Warren Buffet should have a reality programme like 'The Apprentice' in his search for the suitable candidate.
My reasons:
First, everybody in the world of investment knows Warren Buffet and the idea of someone replacing a successful person draws a lot of questions like; Can he do it? Will he be as good?
To minimise all possible doubts, having a reality TV show could showcase the talents of the applicants and therefore, make shareholders especially at ease as they have seen the working ethics of the candidates.
Second, the programme would help increase awareness to the public about investment. Finalists could well be sought after by other companies and this would show that there are reliable people out there running companies and may be convinced to invest if they haven't already.
Yes, Warren Buffet has his mind on some managers and the TV programme might actually swing that way, but at least people get to see why Buffet wants these people on board.
In any case, fret not. There was only one position that he didn't include in the application form; Chairman. Buffet says that his son, Howard, will take over to keep the Buffet culture after the man himself passes away. At the moment, Howard Buffet himself is already on the board.
Berkshire Hathaway deals in clothing, furniture, jwelry, insurance, restaurants, jet companies as well as huge investments in companies like Coca-Cola.
Nurwidya Abdul
No, he is not retiring now, but a little 'contigency plan' is slowly taking place while waiting for that day to come.
He is looking to hire about three or four people as investment managers, with maybe one or two of them would be Chief Investment Officer. At the moment he is sieving through about 600 to 700 applications for the post, perhaps more over the days.
In The York Dispatch article written by Josh Funk, it was mentioned that Warren Buffet has arranged for one of the Berkshire Hathaway's (his company) manager to take his place.
An article in 'The Daily Times written by Rick Laney says that he has picked three managers from companies that Berkshire Hathaway owns.
Shareholders in his company is not really comfortable thinking about somene else replacing the legendary Warren Buffet.
That's why I think that Warren Buffet should have a reality programme like 'The Apprentice' in his search for the suitable candidate.
My reasons:
First, everybody in the world of investment knows Warren Buffet and the idea of someone replacing a successful person draws a lot of questions like; Can he do it? Will he be as good?
To minimise all possible doubts, having a reality TV show could showcase the talents of the applicants and therefore, make shareholders especially at ease as they have seen the working ethics of the candidates.
Second, the programme would help increase awareness to the public about investment. Finalists could well be sought after by other companies and this would show that there are reliable people out there running companies and may be convinced to invest if they haven't already.
Yes, Warren Buffet has his mind on some managers and the TV programme might actually swing that way, but at least people get to see why Buffet wants these people on board.
In any case, fret not. There was only one position that he didn't include in the application form; Chairman. Buffet says that his son, Howard, will take over to keep the Buffet culture after the man himself passes away. At the moment, Howard Buffet himself is already on the board.
Berkshire Hathaway deals in clothing, furniture, jwelry, insurance, restaurants, jet companies as well as huge investments in companies like Coca-Cola.
Nurwidya Abdul
Labels: Berkshire Hathaway, Coca-Cola, Howard Buffet, The Apperentice, Warren Buffet
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buffett is someone who shys away from limelight, and has always done things the quiet way. So he's like our hermit of Omaha!~
cheers
weihan
cheers
weihan
# posted by 
: Thursday, May 17, 2007 9:33:00 AM
: Thursday, May 17, 2007 9:33:00 AM
Well, Weihan. Yes, he may have his own preferences aka style, but in terms of getting others, especially shareholders of his company to be confortable with it, I guess the better way to do it is to show them how these 'ideal' candidates work...
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