22:58:44 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Berkshire Hathaway CDR (CAD Hedged)
Symbol BRK
Shares Issued 4,800,000
Close 2023-11-29 C$ 27.45
Market Cap C$ 131,760,000
Recent Sedar Documents

Globe/wire say Berkshire ponders life without Munger

2023-11-30 08:36 ET - In the News

The Globe and Mail reports in its Thursday edition that the death of Berkshire Hathaway's Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate's lone investing legend. A Reuters dispatch to The Globe says that few companies have been so closely associated with their leaders as Berkshire has with Mr. Buffett and Mr. Munger, the latter spending the last 45 years as the Omaha-based conglomerate's chairman and vice-chairman. Mr. Munger's death on Tuesday, five weeks shy of 100, leaves Berkshire vice-chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Mr. Buffett's top advisers and sounding boards. They became vice-chairmen in 2018, started taking a more prominent public role only at the most recent of Berkshire's annual meetings. Managers have said Mr. Abel fully embraces Berkshire's culture, which includes an extreme decentralization that gives business units broad autonomy. That means big units such as the BNSF Railway and Geico, a car insurer, each with tens of thousands of employees, and small units such as Borsheims jewellery, with about 142 employees, can run without interference from Berkshire headquarters.

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