The Success of Berkshire Hathaway Over the Past Five Decades

Multiple Choice

The success of Berkshire Hathaway over the past five decades under the leadership of Warren Buffett may be attributed primarily to:

A) Warren Buffett's ability to guide strategic decisions at each of Berkshire Hathaway's subsidiaries
B) Acquiring well-managed companies in attractive industries,then exerting rigorous discipline in allocating capital among them
C) Acquiring poorly-performing companies at bargain prices,turning around their performance,then divesting them at high prices
D) All of the above