A Warren Buffett protege is leaving to start her own Berkshire.
Key Points
Tracy Britt Cool said she's starting an investment vehicle that acquires companies "too small for Berkshire," The Wall Street Journal reported.She was named CEO of premiere kitchen tools line Pampered Chef, a Berkshire subsidiary. "She was the fireman," Buffett told the WSJ. "Anything I've assigned her she's done a first-class job on."'s executive Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett's business model.
Cool, who joined Berkshire in 2009 as Buffett's financial assistant, said she's building an investment vehicle that acquires companies "too small for Berkshire," The Wall Street Journal reported."I want to build a long-term platform and a long-term vehicle to acquire and build businesses," Cool said in an interview with the WSJ.
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