
Summary
Miles studies the managers who run Berkshire Hathaway’s operating businesses. This updated edition considers Buffett’s management system and the move to his successor, Greg Abel. Its opening chapter separates the work of owning and running companies from selecting listed shares, and examines the group’s flat structure and approach to assigning capital.
Why read it Our view
Study how an owner selects, retains and oversees the people who run separate businesses. The opening chapter makes the split between local operating authority and central capital decisions clear. Use that structure to question how decision rights should work in your own group.
Written about
- Warren BuffettManagement-study subjectMiles studies Buffett’s system through Berkshire’s subsidiary managers. The staged work is the 2026 anniversary edition, identified by its own ISBN.Source