The Warren Buffet CEO: Secrets of the Berkshire Hathaway Managers

by Robert P. Miles

Book Overview

Warren Buffett sagte einmal, dass Anleger nur einen Blick auf seine Betriebsgesellschaften werfen müssten, um seinen Investmentansatz zu verstehen. Autor Robert Miles, selbst langjähriger Aktionär von Berkshire Hathaway, verfügt über umfangreiches Insiderwissen und verschafft dem Leser mit diesem Buch den gewünschten Einblick. Auch Berkshire Führungskräfte kommen zu Wort und nehmen Stellung zu Berkshires Unternehmenskultur und Managementprinzipien. "The Warren Buffett CEO" ist das erste Buch, das jene Management-Geheimnise enthüllt, die Berkshire Hathaway international zu einer der ersten Investmentadressen gemacht haben. Robert Miles dokumentiert hier ausführlich die Entwicklung von Berkshires Managmentstrategien in den letzten 20 Jahren und gibt fundierte Prognosen ab, wie die Unternehmensführung in den kommenden Jahren wahrscheinlich aussehen wird. Mit Informationen zu Lou Simpson von Geico, dem aktuellen Nachfolger von Warren Buffett.

• Format: Hardcover
• Language: English
• ISBN: 0471442593
• ISBN13: 9780471442592
• Release Date: October 2001
• Publisher: Wiley
• Length: 456 Pages
• Weight: 1.60 lbs.
• Dimensions: 1.3" x 6.3" x 9.3"

Customer Reviews

Great investor, but also a great manager

Many books have been written on Warren Buffett's equity investment style. This book takes a different approach and describes Warren Buffett as a manager. Berkshire Hathaway is nothing but a holding company or an investment vehicle. The success of Berkshire Hathaway, and therefore, its shareholders is directly tied to the success of the underlying companies. The author did an excellent job of sharing the story of Berkshire Hathaway from the eyes of the CEOs and managers of its underlying companies. Whether you are an investor or manager, you will learn plenty from this book. I wish that more CEOs learned at least some of the lessons from Warren Buffett. He truly is an inspiration. - Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

Highly Recommended!

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. We invite 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).

Great book about the inner workings of BRK

Skim through the back of the 2002 annual report, and you'll see a list of the dozens of operating subsidiary companies within Berkshire. To my knowledge, this book covers the managers of these companies in more depth than any other book. It is essential to learn about these managers because among them will be chosen the successors of Mr. Buffett. Personally, reading this book gives me confidence in the future of Berkshire in the post-Buffett/Munger era. I especially liked the chapter on Ajit Jain, who has not been covered by other books. This book is an absolute must read for those planning on holding their Berkshire shares forever.

GET THIS BOOK AND READ IT TWICE

Robert Miles has gifted us with a tremendously rich and well researched book on the management genius of both Buffett and his organization. This book is best described as a study case of high grade management teams and the business tenets they live by to succeed. Investors will better understand the intangible benefits of good operating managers and the very tangible rewards they produce for businesses. For students and lovers of business: It's a treasure map to success! I'd give it 10 stars if I could... Lots of new material not covered before by other authors including a super rare interview with Lou Simpson of GEICO! WOW!

Learning Opportunity

I have always had a strong passion for reading biographies. I think what attracts me to them is the lessons that the reader can take away and apply to their own lives. With this interest in mind, combined with my strong interest in Berkshire Hathaway, I eagerly awaited the publication of The Warren Buffett CEO. I was anxious to see what lessons and insights I could learn and apply to my own path through life.I found the book to be an extremely enjoyable read. It provides a richness of detail and previously unavailable insight on the mangers that make the subsidiaries of Berkshire Hathaway such a remarkable group of exceptional performers. It was also refreshing to see Mr. Buffett receive credit for being the outstanding manager he truly is. Almost all of the attention he receives focuses on his investment prowess and disregards completely his abilities as a manager. As this book will show you he is simply a tremendous manager who is able to inspire his mangers to continue working to produce results that will make him, and Berkshire shareholders, proud. He is able to achieve this even when the majority of the managers certainly no longer have a financial need to continue working.Mr. Miles has grown as a writer and has given us all an excellent tool that provides many insights into what it takes to be a good manager, the dedication and drive it takes to succeed, and what to focus on when trying to create, and grow, an enduring customer centered business.