← Back to Explore
ENTITY
🕰1 min read
🎵Wisdom Density:
Moderate
🧭6 concepts
👁 -- readers
Steve Levy
Steve Levy is the CEO of Bell Laboratories.
📝 Role & Biography
- Berkshire Connection: In 2025, Levy wrote a letter to Warren Buffett requesting that Berkshire evaluate Bell Laboratories on behalf of the daughters of the late founder, Malcolm Stack.
- Decentralized Management: Greg Abel praised Levy's letter as "perfect" and highlighted the high operating margins and strong management team under Levy's leadership. Levy continues to run the business as a standalone operating subsidiary under Berkshire's decentralized model.
🔗 Connections
- Company: Bell Laboratories
- Source: 2025 Letter
📚 Historical Mentions & Citations (1)
Click a reference document below to expand and read the exact paragraph(s) containing this concept in the archive.
📜2025 LetterExcerpt Available▼
2025 LetterExcerpt Available
Last year, Warren received a letter from Steve Levy, Bell Laboratories’ CEO, asking that we look at the family-owned business he manages for the daughters of founder Malcolm Stack. Steve’s letter was perfect. Bell Laboratories meets a persistent need: rodent control. In Steve’s words, it possesses “high operating margins, very good historical growth and future growth potential, easy to understand and always needed, and a strong management team.” In our words: a business with durable advantages and long-term economic prospects run by excellent managers. We only wish it had been ten times bigger.