There should be one culture: Win. We fucking win. When we’re done winning, we win some more. When we do that, we have winning for dessert, and then we go to bed in a blanket of winning. It’s about winning.
Those are artificial tactics: “We only do Series A’s.” No. It’s about winning. Buffett started off owning a bunch of random businesses and then learned about insurance. He learned about a market, and then owned that market, because he wanted to win. And then he bought Burlington Northern Santa Fe, cause he wanted to keep winning. Then he did Heinz. He’s a winner. You want to be around winners.
A company’s job is to win on behalf of their shareholders.