net worth

What Motivates Senior Managers at Berkshire Hathaway?

The Joy of Hitting Business “Home Runs” [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] When Warren Buffett buys a company, trust me, the principals and senior managers all become...
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Exactly Who is a ‘Millionaire?’

Fiscal Cliff Semantics From watching the fiscal cliff negotiations from (very) afar, I’ve gleaned two things to date:  1) apparently, the $250k threshold for raising income taxes has now been raised to $400k (the Republicans initially insisted on $1 million); 2) we now have yet more evidence that President Obama is a lousy negotiator (Gail...
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