In addition, Buffett argues that such an investment strategy emphasizes the principle of partnership directors and shareholders holding – if shareholders suffer losses, proportional losses are and director of the company. The board of directors of Berkshire Hathaway has 11 seats. It includes, inter alia, an associate Charlie Munger Buffett (Charlie Munger) and son – Howard Buffett (Howard Buffett). In 2004, , after the death of his wife Buffett, Susan (Susan Buffett), the Board of Directors of Berkshire Hathaway, Bill Gates came in (Bill Gates), one of the shareholders of the company and each Buffett. Buffett's very important principle – non-interference in the operational management of purchased companies. 'Oracle of Omaha "to buy a company that seems to him attractive, and the only efficient solution, which he accepts – or re-appointment of CEO and determination amount and terms of his remuneration. As a rule, compensation provides for control of the company stock options for achieving certain results. All other solutions are on the conscience manager.
In most cases, this approach justifies itself again – in order to increase their own compensation, control and improve the company's capitalization, which is what Buffett wants. Minimization risks – one of the cornerstones of the strategy Buffett. By his own admission, he would rather interesting from the acquisition, rather than going to increase the debt burden of the company. It is no accident his Berkshire Hathaway holding company is now one of only seven issuers with the highest credit rating according to the agency Moody's – Aaa. High credit rating provides a low cost of capital Buffett. Buffett believes that one of the main evils that are harmful to the modern economy is the wrong system of distribution of remuneration among financial market participants. In his view, a significant portion of transactions in the stock market and it is recommended made for the sake of personal enrichment mediators – different kinds of brokers and traders. It would be reasonable to limit the number of transactions allowed for each person throughout his life. Buffett gives a figure of 10 – not more than ten transactions in the life of each of the financial markets. Investments, investment management, investment project