Charlie Munger Credited Berkshire Hathaway's Success To This 'Huge Advantage' And 'Sensible People' At The Helm - Amazon.com (NASDAQ:AMZN)

Charlie Munger Credited Berkshire Hathaway's Success To This 'Huge Advantage' And 'Sensible People' At The Helm - Amazon.com (NASDAQ:AMZN)

Charlie Munger: Berkshire Hathaway's biggest edge is lack of bureaucracy at headquarters, letting it move faster than rivals. Munger sees bureaucracy as a cancer and a waste in successful institutions. Amazon's CEO shares the view and vows to slash layers.