Buffett Says "Chief Risk Officers" Are a Terrible Mistake

One of the benefits of attending the Berkshire Hathaway shareholders' meeting is learning from the great value investors and Buffettologists who also make the yearly trek to Omaha. In this multipart series, Fool analyst Rex Moore speaks with Lawrence Cunningham, author of The Essays of Warren Buffett: Lessons for Corporate America. The book offers a unique approach by arranging all of Buffett's shareholder letters thematically, rather than chronologically.

Today, Professor Cunningham says one reaction to the recent financial crisis should never have happened.

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The article Buffett Says "Chief Risk Officers" Are a Terrible Mistake originally appeared on Fool.com.

Rex Moore owns shares of Berkshire Hathaway and Procter & Gamble. The Motley Fool recommends Berkshire Hathaway, Procter & Gamble, and Southwest Airlines. The Motley Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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