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April 25, 2011

Buffett's Bodyguard

It’s not quite business law, but it is about one of America’s business icons.

The Omaha World Herald has an interesting article about Dan Clark, who provides personal security for Warren Buffett. When Clark first met Buffett, Buffett’s door was wide open and Buffett himself came to the door. Berkshire Hathaway now pays over $300,000 each year for Buffett’s personal security. And I guess it shouldn’t surprise anyone familiar with Buffett, but Clark doesn’t even have a written contract. He says, “Mr. Buffett and I have always done business on a handshake based on trust.”

Definitely worth reading.

-Steve Bradford

April 25, 2011 | Permalink

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