A decade after the financial crisis, billionaire investor Warren Buffett explains what was behind the 2008 mayhem, what we can do to limit the damage and opportunities missed last time. The myriad companies of Warren Buffett’s Berkshire Hathaway Inc. have run completely independently of each other for decades. Top executives from Berkshire units now gather regularly to share strategies and best practices. Some of these companies participate in purchasing cohorts to take advantage of group rates for items like travel and raw materials. Last year, employees from more than 40 Berkshire businesses met in the firm’s headquarters city of Omaha, Neb., to discuss sustainability.

Source: Wall Street Journal April 04, 2019 09:22 UTC