He's exceptionally qualified as a manager. His charm and force of personality cause people to do what he wants. It just happens.
More Quotes from Alice Schroeder:
With this transaction, Berkshire is now clearly an insurance company that will generate excess capital and cash flow that can be invested and, of course, the real synergy here is that Warren Buffett is the master at allocating and using capital and General Re is a company that generates an enormous amount of excess capital, so it's a great fit.Alice Schroeder
It appears many insurers would be severely damaged, if not bankrupted, by a disproportionate share of a 10 billion loss. We believe that a certain amount of insurers may simply withdraw from writing certain lines of business.
Alice Schroeder
I see 234 parking spaces, and I get concerned about people crossing the street. When the high school lets out, the place is already packed with cars.
Alice Schroeder
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The Queen's intelligence network is a hell of a lot better than anyone's in this palace. Bar none. She knows everything. I don't know how she does it. And she sees everything.Prince Andrew
I once knew a chap who had a system of just hanging the baby on the clothes line to dry and he was greatly admired by his fellow citizens for having discovered a wonderful innovation on changing a diaper.
Damon Runyon
To have done anything just for money is to have been truly idle.
Henry David Thoreau