yesman182 Posted January 31 Share Posted January 31 Do we have guesses who will take Charlie’s seat on the board? Would Warren not have asked Charlie who he would like to replace him? Not really a fun conversation to have with Charlie, but it probably isn’t easy now either. Link to comment Share on other sites More sharing options...
gfp Posted January 31 Share Posted January 31 I'm not sure they need to replace Charlie's seat on the board. He wasn't an independent director and they already have two other vice chairmen. They can take their time if they do intend to nominate someone. Link to comment Share on other sites More sharing options...
Fitz Posted February 10 Share Posted February 10 Li Lu would be a nice addition and Charlie approved. Link to comment Share on other sites More sharing options...
John Hjorth Posted February 10 Share Posted February 10 24 minutes ago, Fitz said: Li Lu would be a nice addition and Charlie approved. Which qualifications does Li Lu possess to qualify for being on the board on one of the worlds largest conglomerates? Link to comment Share on other sites More sharing options...
yesman182 Posted February 13 Author Share Posted February 13 Charlie’s trust. Much like warrens kids. Link to comment Share on other sites More sharing options...
Fitz Posted February 14 Share Posted February 14 On 2/10/2024 at 11:16 AM, John Hjorth said: Which qualifications does Li Lu possess to qualify for being on the board on one of the worlds largest conglomerates? The number one qualification, a money mind. He’s produced 30% annual compounded returns since 1998 and the only manager who Munger ever gave money to. That and he seems like a high integrity guy. Link to comment Share on other sites More sharing options...
Hektor Posted February 14 Share Posted February 14 2 hours ago, Fitz said: the only manager who Munger ever gave money to. From interviews, it sounded like Munger gave him some play money, which turned out very well. Link to comment Share on other sites More sharing options...
WFF Posted February 22 Share Posted February 22 Plus there was rumors that he was supposed to run the investment portfolio at Berkshire (prior to T&T), not sure why it didn’t materialized. But it would be nice if he is more involved someway. Link to comment Share on other sites More sharing options...
KCLarkin Posted February 23 Share Posted February 23 https://www.wsj.com/articles/SB10001424052748703977004575393180048272028 I think it is pretty obvious that he'd be a good fit for the board. But why would he want the role? Link to comment Share on other sites More sharing options...
gfp Posted February 23 Share Posted February 23 4 minutes ago, KCLarkin said: https://www.wsj.com/articles/SB10001424052748703977004575393180048272028 I think it is pretty obvious that he'd be a good fit for the board. But why would he want the role? Well if he plays his cards right there could be $3,000 to $7,000 in it for him - annually! Boom Link to comment Share on other sites More sharing options...
Thrifty3000 Posted February 25 Share Posted February 25 On 2/23/2024 at 8:58 AM, KCLarkin said: https://www.wsj.com/articles/SB10001424052748703977004575393180048272028 I think it is pretty obvious that he'd be a good fit for the board. But why would he want the role? Elephant bumping Link to comment Share on other sites More sharing options...
gfp Posted March 13 Share Posted March 13 I don't think Berkshire needs to fill Charlie's board seat since he was not an independent director and Berkshire already had two additional "vice chairmen" (a role that is also not required). But this article got me thinking that Don Graham would probably be a trusted addition by Warren and Berkshire's business with Graham Holdings is concluded as far as I know. Bonus points that Graham is not a fund manager, as the BRK board is a bit heavy on that particular profession. https://www.wsj.com/articles/warren-buffett-minds-the-gaap-berkshire-hathaway-annual-report-earnings-4f6aa571 Link to comment Share on other sites More sharing options...
Hektor Posted March 13 Share Posted March 13 How about Jamie Dimon? Or Todd Combs (if not now, then sometime in the future)? Link to comment Share on other sites More sharing options...
CorpRaider Posted March 15 Share Posted March 15 (edited) On 3/13/2024 at 6:03 PM, gfp said: I don't think Berkshire needs to fill Charlie's board seat since he was not an independent director and Berkshire already had two additional "vice chairmen" (a role that is also not required). But this article got me thinking that Don Graham would probably be a trusted addition by Warren and Berkshire's business with Graham Holdings is concluded as far as I know. Bonus points that Graham is not a fund manager, as the BRK board is a bit heavy on that particular profession. https://www.wsj.com/articles/warren-buffett-minds-the-gaap-berkshire-hathaway-annual-report-earnings-4f6aa571 Thanks for pointing that out. Edited March 15 by CorpRaider Link to comment Share on other sites More sharing options...
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