Founder connections
- Warren BuffettRecommendation with reported title identificationBuffett recommends a company history he calls MiTek in his 2011 shareholder letter, dated February 25, 2012, for the 2012 meeting bookstall. CNBC identifies it as Jim Healy’s MiTek: A Global Success Story, 1981–2011.Source
Summary
Jim Healy tells the history of MiTek, a supplier of engineered products for construction and a Berkshire Hathaway subsidiary. Buffett describes the book as an informative company history and says it explains how a piece of metal sent through the mail first drew his attention to the business.
Why read it Our view
Study the growth of an engineered-construction supplier. The company history links a concrete product demonstration with acquisition interest, offering a case for discussing how technical value is shown to a buyer.