In this Fox Business News video, Iscar Chairman Eitan Wertheimer comments on the impact of the global recession on his company. Mr. Wertheimer discusses how lower automobile production will impact Iscar as well as his ability to avoid layoffs up to this point. The video also provides important insights into the qualities that Warren Buffett looks for in his managers. The acquisition of Iscar in 2006 was Berkshire Hathaway’s first purchase of a company based outside the United States.
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