2011年3月31日

巴菲特爱将索科尔其人 Who Is David Sokol?

三在一份广受关注的公告中,巴菲特(Warren Buffett)说他的得力干将之一──大卫•索科尔(David Sokol)已经从伯克希尔哈撒韦公司辞职。在一封信和一份书面声明中,巴菲特说索科尔在向他说明收购特种化学品公司路博润(Lubrizol)的种种好处之前已经购买了该公司的股票。伯克希尔哈撒韦公司本月初宣布将斥资90亿美元收购路博润。

Reuters
巴菲特说索科尔的辞职和他购买路博润的股票没有任何关系,但这枚重磅炸弹还是可能给伯克希尔和巴菲特这位全球最知名的投资者蒙上了一层阴影。

到底谁是索科尔?以下是巴菲特这位最出名的前雇员的介绍:

履历

身为伯克希尔旗下公用事业公司中美能源控股公司(MidAmerican Energy Holdings)的主席,索科尔经常作为“空降兵”为巴菲特“灭火”。他曾帮助陷入低迷的屋顶和保温材料公司佳斯迈威(Johns Manville)扭亏为盈;他也曾代表巴菲特对中国的电池厂商比亚迪做过尽职调查,巴菲特后来投资了这家公司。

五十多岁的索科尔也曾被引入伯克希尔旗下饱受亏损困扰的飞机租赁公司NetJets进行大刀阔斧的改革。索科尔大幅削减了债务和成本,减少了明星或雇员亲友免费搭乘公司飞机的次数。在最近一次致伯克希尔股东的年度信中,当提到索科尔在NetJets的作用时,巴菲特说,索科尔在NetJets取得的成就的广度和重要性怎么说都不为过。

来自巴菲特的正面评价

巴菲特在2009年致投资者的信中将索科尔称为“中美能源公司才华横溢的建造者和运营者”。谈及索科尔时,巴菲特是这样评价他的:“他的领导力一直给公司带来变化,债务已经减少至14亿美元。在2009年遭受了令人吃惊的7.11亿美元的损失以后,该公司目前正在稳步实现盈利。”

巴菲特告诉《财富》(Fortune)杂志:索科尔一天之内做的事比我一周还多,我不是在跟你开玩笑。

值得拍成电影的幕后故事

索科尔的成长故事同巴菲特类似:在内布拉斯加州的奥马哈(Omaha)长大。孩童时代曾帮人送过报纸,也曾在一家小杂货店帮工。第一次看到尸体晕厥过去之后,他放弃了成为一名医生的想法。上世纪90年代初期,索科尔帮助收购了一家地热企业,并成功将其转变为一家庞大的公用事业公司。中美能源公司去年创造了113亿美元的收入,相比2009年略有下滑,约占伯克希尔公司2010年总收入的8%。

管理风格

他分给公司高管一本自己出版的129页的小书──《满意但不满足》(Pleased but Not Satisfied),书名道出了他的管理理念。在书中他说自己是按照被迫裁员时裁人的顺序给手下的每一位员工排列等第的。索科尔每天五点不到就起床,跑上八公里,一周有五天要练习举重。

Shira Ovide

(本文版权归道琼斯公司所有,未经许可不得翻译或转载。)


In a blockbuster announcement Wednesday, Warren Buffett said one of his key executives--David Sokol--has resigned from Berkshire Hathaway. In a letter and news release, Buffett said that Sokol had purchased shares of specialty chemicals company Lubrizol, before Sokol convinced Buffett on the merits of an acquisition. Berkshire Hathaway earlier this month announced it is buying Lubrizol for $9 billion.

The resignation doesn't have anything to do with Sokol's stock purchases, Buffett said, but the bombshell threatens to cast a pall over Berkshire and Buffett, perhaps the world's most famous investor.

So who is David Sokol? Here's a rundown on Buffett's most famous former employee:

Resume:

The chairman of Berkshire-owned utility MidAmerican Energy Holdings, Sokol often parachutes in to battle Buffett's fires. He was tapped to turn around Johns Manville, a sagging roofing and insulation company, and did due diligence for Berkshire on BYD, a Chinese battery company in which Berkshire made an investment.

Sokol, who is in his 50s, also was brought in to shake up Berkshire's loss-plagued NetJets. Sokol slashed debt and costs and dropped free uses of airplanes for celebrities or employees' friends. 'I can't overstate the breadth and importance of Dave Sokol's achievements at this company,' Buffett said in his most recent annual letter to Berkshire shareholders, referring to Sokol's role at NetJets.

Kind words from Buffett:

In Buffett's 2009 letter to investors, he referred to Sokol as 'the enormously talented builder and operator of MidAmerican Energy.' Buffett said of Sokol: 'His leadership has been transforming: Debt has already been reduced to $1.4 billion, and, after suffering a staggering loss of $711 million in 2009, the company is now solidly profitable.'

'He gets more done in a day,' Buffett told Fortune, 'than probably I get done in a week, and I'm not kidding.'

Movie-worthy backstory:

In a story line that mirrors Buffett's, Sokol grew up in Omaha, Neb., delivered newspapers as a child and worked at a small grocery store. Sokol dropped plans to become a doctor after he fainted when he first saw a cadaver. Sokol in the early 1990s helped buy a geothermal business and turned it into a sprawling utility company. MidAmerican last year generated revenue of $11.3 billion, a slight decline from 2009. The figure was about 8% of Berkshire's total revenue for 2010.

Management Style:

He gives executives copies of his 129-page, self published book, 'Pleased but Not Satisfied,' that spells out his management philosophy. He also says in the book that he ranks each of his employees by the order in which he would fire them if forced to do so. He is out of bed before 5 a.m., runs five miles and lifts weights five days a week.

Shira Ovide

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