The Buffett Innoculation

May 08, 2013

The Buffett Innoculation

needle-512Warren Buffett, the CEO of Berkshire Hathaway, said the company’s next chief executive officer will bolster the company’s reputation as a source of stability in times of crisis. Talk about a shot of credibility if your company is in crisis or in doubt. He was referring to his infusion of funds into leading financial institutions when their stocks were slipping during the Great Recession.
At the company’s annual meeting in Nebraska, Buffet said the following:

“Berkshire is the 800-number when there’s really sort of panic in markets.”

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Leslie Gaines-Ross
Leslie Gaines-Ross
lesliegainesross@gmail.com

As Weber Shandwick’s Chief Reputation Strategist, I focus on the ever changing world of reputation. For the past 25 years, I have relentlessly observed, researched and commented on the rise and fall of reputations.

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