This article was originally published on July 19, 2022.
Tracy Britt Cool, a former Berkshire Hathaway, Inc. (NYSE: BRK-A) (NYSE: BRK-B) Executive, was profiled in the New York Times Co NYT in “A protégé of Warren Buffett starts his own business” which takes an in-depth look at Britt Cool’s upbringing and her work for the famed investor, CEO of Berkshire Hathaway Warren Buffett.
Britt Cool Story: After graduating from Harvard Business School at the age of 24, Britt Cool decided to send a letter to buffet asking for a job at Berkshire. To her surprise, Buffett answered yes, and in 2009 she began working as “financial assistant to the chairman,” a position Buffett made up for her.
In just 10 years, Britt Cool transitioned from a made-up position to one of Buffett’s “three Ts,” a group of Berkshire executives who worked closely with Buffett. The “three Ts” were todd combs, Ted Weschler and Britt Cool.
As Britt Cool worked her way up, she became known as Buffett’s protégée and a pioneer in becoming Buffett’s successor after the now 91-year-old investor retired. But in 2020, Britt Cool left the company in an unprecedented move at Berkshire.
Write new story: After leaving her position, she teamed up with a former colleague Brian Humphrey to form Kanbrick, a private equity investment company. According to the company websiteKanbrick is “a long-term investment partnership focused on acquiring and building great companies.”
When asked by the newspaper about Kanbrick’s corporate ideals, Britt Cool replied, “I’m not building Berkshire 2.0…I’m building something different using some of the principles,” adding that Kanbrick is “…not a Berkshire copycat.” She knows first hand how successful he has been and if Kanbrick even comes close it will be a big win.
Kanbrick will stay away from cryptocurrencies and risky startups for the time being as Kanbrick seeks to position itself in the…
