Authors:

We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.

Richard J. Connors, Warren Buffett (2010). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.190, John Wiley & Sons
We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.