We Can Promise We Will Keep Our Business Forever

Berkshire Hathaway CEO Charlie Munger: We have to be very careful about what we promise because who knows what the world holds. "We can't promise for example never to have a layoff in a business we buy," he says, "but we can promises that we won't sell our business" Berkshire has been doing it now for 49 years and put itself in a class that is hard for other people to compete with if that's important to the seller of a business,. Buffett adds. 'As long as we behave properly uh we will maintain that asset'