469whj469 wrote:
Forrest River is owned by Warren Buffitt and he has stated just what is stated above, he only buys good, well run companies, and if they are well run to start with, why would he change managment. Forest River makes money and with 10,000 people truning 65 years old every day, Mr. Buffitt stated that it was a good business to be in because the old fokls will by RVs and travel.
Berkshire-Hathaway owns Forest River which is run by Buffett. Buffett is motivated by profit as all business people are. He normally does not get involved in running companies and some of the companies they own are not necessarily well run but for the most part profitable. Buffett keeps an eye on the bottom line. Once it falls out of favor with Berkshire-Hathaway, they will split it off or dump it.
I own a Forest River product and so far has been a good unit. Problems are cropping up on Forest River forums and it appears to be increasingly difficult to get answers or help with warranty issues.