Coca-Cola and Gillette are two of the best companies in the world and we expect their earnings to grow at hefty rates in the years ahead. Over time, also, the value of our holdings in these stocks should grow in rough…
Coca-Cola and Gillette are two of the best companies in the world and we expect their earnings to grow at hefty rates in the years ahead. Over time, also, the value of our holdings in these stocks should grow in rough…
During the year, Berkshire's net worth increased by $1.52 billion. More than 98% of this gain came from earnings and appreciation of portfolio securities, with the remainder coming from the issuance of new stock.…
Coca-Cola and Gillette are two of the best companies in the world and we expect their earnings to grow at hefty rates in the years ahead. Over time, also, the value of our holdings in these stocks should grow in rough…
Organizations decline slowly from stasis to irrelevance and death.
Context
Bezos used the contrast between “Day 1” and “Day 2” to describe organizational vitality and decline. Day 2 begins with stasis, slides into irrelevance, then into painful decline and death; the slide can be slow enough to be mistaken for stability. His answer is to keep the company in a permanent Day 1, centered on customers and rapid decision-making.
Today's question
What was the most recent “Day 2” symptom in your team—more process, or fewer conversations about customers?
Coca-Cola and Gillette are two of the best companies in the world and we expect their earnings to grow at hefty rates in the years ahead. Over time, also, the value of our holdings in these stocks should grow in rough…