Permanence and long-term focus business objective
Raised by the most famous long-term investor Warren Buffet, Berkshire Hathaway is a true long-term focused investment firm. During the meeting, one of the attendance said: many other investment companies who try to copy the success of Berkshire failed as they could not keep long-term oriented and turn to short-term objectives.
Trust-based business culture
Example: Berkshire’s reputation is guarded by this culture for many years.
Quality Shareholders
Last but not least, quality long-term shareholders are also essential to Berkshire’s achievement. Berkshire has nearly 30% of individual investors who held their Berkshire stocks for years. They stood with the company even when the company didn’t perform as expected.
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