The Responsibility of Autonomy: More on Berkshire and Benjamin Moore

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2 Responses

  1. The distributors who sell the paint do not crave autonomy.

    What they want to avoid is paying for advertising that cuts them out of the loop.

    Selling high-end paint is local – to high-end designers – who buy because their clients see TV ads – paid for by the national ad fund.

    Abrams didn’t see this loop and panicked.

    Buffett pulled the plug because the sales that should have been there were not.

  2. Lawrence Cunningham says:

    Michael: Thanks for the interesting perspectives. Not sure all of your interpretations are correct, especially about Buffett or Abrams, or about the role of autonomy in the saga.