Buffett, now 81 and entering his 47th year of running Berkshire Hathaway (BRK.A) as chairman and CEO, has had an impressive run.
Listed among the world's wealthiest people, Buffett (and right-hand man Charlie Munger) have transformed Berkshire Hathaway from a textiles business into an umbrella conglomerate owning dozens of companies spanning the property and casualty insurance sector, reinsurance, utilities, energy, freight rail transportation, finance, manufacturing, retailing and services.
|Warren Buffett, in his 47th year of running Berkshire Hathaway, has become a role model for entrepreneurs.|
Buffett has amassed stakes in many large corporations, including long-term ownership in Coca-Cola (KO).He is admired by many, including many readers who told us are plenty of business lessons to be learned from Buffett. "Being a good leader means to be able to have people follow towards a goal. He is doing that," says Josh Denton, president of Denton Consulting Group in Duluth, Minn. We spoke with several leadership and management experts to get a sense of some of Buffett's attributes that could be followed by small-business owners.
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