Shrewd business legend Warren Buffett has a whimsical side, buying companies whose products he personally enjoys like Dairy Queen and See's Candies.
Berkshire inherited Squishmallows parent Jazwares through its acquisition of Alleghany in the fourth quarter of 2022.
Jazwares founder and president, Judd and Laura Zebersky, now report to and are in regular communication with Greg Abel, Berkshire's vice chairman for non-insurance operations and Buffett's successor.
We're thrilled to be part of it," Laura Zebersky said in an interview.
Often Buffett admires the business' management and expects it to continue to grow and remain profitable.
Persons:
Warren Buffett, Squishmallows, Charlie Munger, Judd, Laura Zebersky, Greg Abel, Berkshire's, Buffett, Abel's, he's, Abel
Organizations:
Berkshire Hathaway, Berkshire
Locations:
Omaha , Nebraska, Omaha, Charlie Munger . Berkshire, Alleghany, South Florida