Outliers with Daniel Scrivner: Explore the Greatest Innovators, Founders, and Investors cover image

Book: “The Essays of Warren Buffett” by Lawrence Cunningham | Episode #165 (Part 1 of 2)

Outliers with Daniel Scrivner: Explore the Greatest Innovators, Founders, and Investors

CHAPTER

The Benefits of Berkshire's Conglomerate Structure

This chapter discusses the advantages of Berkshire Hathaway's conglomerate structure, including the ability to move funds between businesses without tax implications, elimination of duplicate costs, and tax efficiencies from owning multiple subsidiaries. It also criticizes the common practice of paying high premiums for acquisitions and later spinning off those companies.

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