Get the reason from David Sokol himself about why he decided to resign. David, thank you for creating so much value for Berkshire shareholders. Best of luck in your future endeavors.
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Warren buffett’s secret to success and Longevity
"It hasn't been a question of going to work; it's been a question of tap-dancing to work."
Warren Buffett believes that one should always pursue what one loves and never settle for anything less. This is the true secret to his success. He does declare that he was fortunate to have come across what he was passionate about very early in life and also had role models and heroes that never let him down.
The lesson here is to be conscious of what you spend your time and energies doing and surround yourself by people who have qualities you admire. The result: success will follow you like a shadow.
Be inspired.
Buy Warren Buffett Stocks Undervalued
The Associated Press had an interesting article about stocks in Warren Buffett’s Berkshire Hathaway portfolio that he believed to be greatly undervalued by the market. These are the five companies he endorses (as of March 28, 2011):
1. Wells Fargo
2. Kraft Foods
3. U.S. Bancorp
4. Swiss Re
5. Sanofi-Aventis
These are companies that you can buy now, provided that you fully understand the businesses, at prices that Buffett believes to be lower that their intrinsic value. Regulators questioned whether Berkshire should write down the values of these investments in its portfolio, however, Warren Buffett believes that the market would soon realize their value.
See full article here. Associated Press article
Full disclosure: I own shares of Berkshire Hathaway and U.S. Bancorp.
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