Warren and Charlie always talk about “producing something”, so what exactly do they produce aside from taking money from companies they buy?


Look, I love listening to Warren and Charlie, but it's still a fair question.

One time I watched a video with Warren explaining the ideal former owner of one of his holdings. It was to the effect that the person would work super hard, not ask to be well-compensated, and be happy the profits are sent to Omaha forevermore. Well of course that's an ideal former owner, (it sounds like slavery) but what did Warren “produce” in that deal?

Warren says that he and Charlie would be worthless in Bangladesh. Likewise, they don't know how to make a bottle of Coca-Cola right here either.

In summary, I really enjoy listening to that pair and watching some of the annual meeting talks, but this question has always been nagging me in the background. What do you all think?

Thank you.


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