I met Warren Buffett once. OK, actually, I stood just a few feed from him and Bill Gates at the 2014 Berkshire Hathaway annual shareholder’s meeting. (If you ever have the chance to attend the Berkshire Hathaway annual meeting—do it!)
Ever since I sat through hours of Buffett and his business partner, Charlie Munger, answer questions and share financial wisdom in Omaha, I anxiously await Berkshire’s annual letter for shareholders.
Here are the top six pieces of advice I pulled out from this year’s letter that is excellent advice for business owners of all types.
In 2022, the average interest rates on farm loans skyrocketed from record lows to decade highs. While that jump is remarkable and expected to continue, a little perspective is needed.
Right People, Right Seats: A Non-Family Succession Plan Builds A Future-Proofed Business
On a high-tech Georgia dairy farm leading 170 employees, you’ll find a farmer with no dairy in his DNA. Nevertheless, Pete Gelber is a dairy farmer who offers a unique perspective on succession planning.
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