Warren Buffets selskap Berkshire Hathaway Inc er store. De består av mange selskaper innen forsikring, energi og jernbane m.m. Men hva skal du gjøre om du leder en av industriselskapene og trenger forskring mot at fabrikken din brenner ned?
Kjøper du da forskring fra et annet selskap eid av Berkshire Hathaway? Mest sannsynlig vil du vel få et godt tilbud, og selskapet fra Birkshire som selger forskring vil vel ha risikoen?
Buffett, in his annual letter to shareholders, recounted a story about a September fire at a French plant owned by Lubrizol, a maker of oil additives. The fire damaged the property and disrupted business, causing losses that would be lessened by insurance coverage. But, Buffett said, there’s a catch.
“One of the largest insurers of Lubrizol was a company owned by … uh, Berkshire,” the billionaire investor said in the letter, released Saturday. “In Matthew 6:3, the Bible instructs us to ‘Let not the left hand know what the right hand doeth.’ Your chairman has clearly behaved as ordered.”