"She met Buffett herself, saw his genius, and made him her professor." would give any normal person reading this a completely false understanding of what actually happened.
but that solves it
https://www.washingtonpost.com/archive/style/2008/09/29/what...
I don’t know much about him, but I know Berkshire Hathaway. He didn’t even found it; he took it over by monetary force. He knew who worked their ass off and who just talked shit. He came across someone who wronged him in a business deal at Berkshire Hathaway before he ran it, and he literally drove the prior owners out of their own company over it. He says it was the biggest mistake he made, which leads me to believe he is generally a serious person, but he’s also principled. He’s a case study on overcoming yourself in order to make better decisions.
His business sense may not be as learnable, but I have tried to apply his lessons to my own life, and I didn’t have to pay anything for that.
Until I listened to Acquired's episodes.
https://www.acquired.fm/episodes/berkshire-hathaway-part-i
Buffet is a rentier. He does not create wealth; he merely transfers it.
His most successful strategy is to find tranches of underutilized capital, and buy a controlling interest. Which he then ladders up to buy yet more tranches. Most famously Geico.
It's fair to say that I'm far less impressed by this strategy than Acquired's hosts.
Rentier is distinct from the raider (aka private equity) play of buying controlling interest in a corporation, looting it, loading it up with debt, and then unloading the resulting dumpster fire.
So at least Buffet isn't actively destroying jobs and wealth. As far as I know.
Yeah, uh, that's not all she did. She and Buffett apparently had a long-running (and public) affair, which in part led to Susan Buffett separating from him and moving to San Francisco.