2min chapter

Acquired cover image

Berkshire Hathaway Part III

Acquired

CHAPTER

Leer's a Speculator, I'll Bet.

i think it all came down to compensation. lee was and is incredibly successful in his own running his own fund, where he's keeping two and 20. You how, two % management fees and 20 the profits. And yes, it would be like this amazing honor to go work at berkshire,. But kind o like warren back in the day with the graham newman partnership, where they offered him the keys, and he was like, we why would i run your firm where you're keeping a piece of it? I'll just do my own thing, and i'll keep all the profits. So he din't join. He still runs himolyas been incredibly successful

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