alt Hacker News> and directly running it? How much more personally involved can you get?
Ms. Farmer is the CEO of BNSF Railway[1], she is the one “directly running it”.
Moreover, Berkshire/Buffet is notorious for _not_ micro-managing, for letting its subsidiaires enjoy greater autonomy than they would in an usual conglomerate.
Right, but what is the point of letting companies own other companies if this also doesn't imply transitive accountibility? It's hard to imagine we can't find reasons to imprison the board of blackrock, for instance. Such a massive company has disproportionately small social responsibility.