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ASES FOR ANALYSIS BAL Case 7-1 antesinapho uby b blug The Oracle of Omaha Speaks Board Members woy Droow Varren Buffett, the chairman Berkshire Hathaway, published h to shareholders on February 22, discussed how Berkshire Hatha fared throughout 2019 and addres topics, including corporate goverr lowing excerpt, Buffett described 3 modd good director: I'd like you to know that almos directors I have met over the been decent, likable and intel dressed well, made good neig

ASES FOR ANALYSIS BAL Case 7-1 antesinapho uby b blug The Oracle of Omaha Speaks Board Members woy Droow Varren Buffett, the chairman Berkshire Hathaway, published h to shareholders on February 22, discussed how Berkshire Hatha fared throughout 2019 and addres topics, including corporate goverr lowing excerpt, Buffett described 3 modd good director: I'd like you to know that almos directors I have met over the been decent, likable and intel dressed well, made good neig

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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206 Part III Writing as a Manager ort (Continued) owner-oriented and arrive with a strong specific interest in our company. Thought and principles, not robot-like "process," will guide their actions. In representing your interests, they will, of course, seek managers whose goals include delighting their customers, cherishing their associates and acting as good ovog citizens of both their communities and g our country.44 anoitlaw-isbrasil gambar B B 0 t E S
Transcribed Image Text:206 Part III Writing as a Manager ort (Continued) owner-oriented and arrive with a strong specific interest in our company. Thought and principles, not robot-like "process," will guide their actions. In representing your interests, they will, of course, seek managers whose goals include delighting their customers, cherishing their associates and acting as good ovog citizens of both their communities and g our country.44 anoitlaw-isbrasil gambar B B 0 t E S
al ing the cerns ssage CASES FOR ANALYSIS wor Case 7-1 incisione dovolment ant esinspo by blow wat (1910 The Oracle of Omaha Speaks About Board Members YOY 100W 200odonW Warren Buffett, the chairman and CEO of Berkshire Hathaway, published his annual letter to shareholders on February 22, 2020. The letter discussed how Berkshire Hathaway's business fared throughout 2019 and addressed a number of topics, including corporate governance. In the fol- lowing excerpt, Buffett described the qualities of a meddai yosh good director: pisan I'd like you to know that almost all of the directors I have met over the years have been decent, likable and intelligent. They dressed well, made good neighbors and Bur 76 airil to anot udi sahesh oy oy ndow april baloobs fiet were fine citizens.... Nevertheless, many of these good souls are people whom I would never have chosen to handle money or business matters. It simply was not their game. They, in turn, would never have asked me for help in removing a tooth, decorating their home or improving their golf swing. Moreover, if I were ever scheduled to appear on Dancing With the Stars, I would immediately seek refuge in the Witness Protection Program. We are all duds at one thing or another. For most of us, the list is long. The important point to recognize is that if you are Bobby Fischer, you must play only chess for money. M asinor At Berkshire, we will continue to look for business-savvy directors who are 6103718 GAYASP (Continued)
Transcribed Image Text:al ing the cerns ssage CASES FOR ANALYSIS wor Case 7-1 incisione dovolment ant esinspo by blow wat (1910 The Oracle of Omaha Speaks About Board Members YOY 100W 200odonW Warren Buffett, the chairman and CEO of Berkshire Hathaway, published his annual letter to shareholders on February 22, 2020. The letter discussed how Berkshire Hathaway's business fared throughout 2019 and addressed a number of topics, including corporate governance. In the fol- lowing excerpt, Buffett described the qualities of a meddai yosh good director: pisan I'd like you to know that almost all of the directors I have met over the years have been decent, likable and intelligent. They dressed well, made good neighbors and Bur 76 airil to anot udi sahesh oy oy ndow april baloobs fiet were fine citizens.... Nevertheless, many of these good souls are people whom I would never have chosen to handle money or business matters. It simply was not their game. They, in turn, would never have asked me for help in removing a tooth, decorating their home or improving their golf swing. Moreover, if I were ever scheduled to appear on Dancing With the Stars, I would immediately seek refuge in the Witness Protection Program. We are all duds at one thing or another. For most of us, the list is long. The important point to recognize is that if you are Bobby Fischer, you must play only chess for money. M asinor At Berkshire, we will continue to look for business-savvy directors who are 6103718 GAYASP (Continued)
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