The Logical Reason to Centralize Corporate Real Estate

Berkshire Hathaway is an effective company. Its businesses dominate their industries, have great managers, excellent economics and durable advantages over the competition. Berkshire is a decentralized holding company of phenomenal businesses, amassed by the worlds’ greatest “asset allocator” and my role model, Warren Buffett.
Decentralization at Berkshire is strategic and necessary. “These (managers) […]