Ariella Wertheimer ?

I have done this site especially for Ariella Wertheimer
in order to visit thishousewillexist.org

Sorry for my poor english translation.



Wertheimer: "Israel is a paradise for the start up"

"The difference between a firm and start up a business is like the difference between having sex and start a family," said Eitan Wertheimer, Iscar Metalworking president in an interview with Haaretz. "It's very similar, only it takes longer to raise a family."
"Israel is a nation of start up, because it lacks a management culture with an emphasis on international sales, which prevents the growth of large multinational corporations," the businessman said the newspaper.
Haaretz revealed that Wertheimer Iscar moved from a local to an international company, shifting its priorities from investing in production to investment in marketing and innovation.
"Israel has amazing skills, but we are a nation of start up due to an astonishing lack of marketing and limited patience," he said.
The management culture in the start up is based on quick profits. There is great pressure to succeed, especially to succeed quickly, he said. This is partly due to the uncertainty of management who is not satisfied if the company really can succeed at a larger scale. Therefore, companies tend to try to sell quickly.
"Maybe that is changing now," he added. "You can start a business that yields 10% to 20% per year. There's nowhere to run. The potential here is incredible, but it is not surprising that the market is more developed, because we often travel abroad. I think our potential marketing will also appear at some point. "


When Wertheimer took over the business from his father Stef Wertheimer, in 1985, production was 90% of the operations of his company. The young Wertheimer was to examine how Japanese firms had been transformed into corporations, and found that investing more in marketing. So he decided to adopt the Japanese model, he said. Today, production is only 40% of Iscar operations.
Iscar is one of the largest tool manufacturing companies in the world.
In 2006, billionaire Warren Buffet (Berkshire Hathaway with his signature) bought 80% of the shares of the Wertheimer family, for 4,000 million dollars. That was the first acquisition of Berkshire Hathaway outside the United States.
Iscar also invests in technology, said Wertheimer. "No high-tech companies or low-tech firms that produce only very little added value or added value," said the newspaper Haaretz.
"We have a sign in front of our development center that says: 'Innovation does not stop." At the time we finish developing a product, formed a group to do pieces. Otherwise our competitors will. " Wertheimer says he decided to adopt the strategy of Israeli tendency "to connect to great things."
"Each of us does something to the level of Albert Einstein or otherwise does nothing. It is easy to challenge a company when the sky is the limit, "he said.

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-> Created for Eitan, Ariella Wertheimer

Specialist says earthquake in Japan created "buying opportunity"

Billionaire investor Warren Buffett said the earthquake record of Japan is a buying opportunity and will not sell its shares in the country because their future does not change as a result of the quake.

Buffett this week canceled a trip to Japan to visit a factory belonging to Tungaloy Corp., Cos Meltalworking Iscar. In Fukushima Prefecture, where the reactor was damaged by the earthquake and tsunami of March 11, and Theatre of the worst nuclear disaster in 25 years.

Berkshire Hathaway Inc, Buffett owns 80% of Iscar, a maker of cutting tools.

"If I were Japanese stocks, certainly would not be sold due to the events of the last 10 days or so," Buffett said, speaking to reporters on the South Korean city of Daegu, where he arrived yesterday to attend a ceremony for a new factory being built by TaeguTec Ltd.

"Something as unexpected as this, an extraordinary event, really creates a buying opportunity," he said.

The Nikkei 225 average in Japan fell 12% since March 10, the eve of the earthquake of magnitude 9. The U.S. market is closed Monday for a public holiday.

Eitan Wertheimer, Iscar's chairman, said sales could fall in Japan after Tungaloy suspended work at its plant in Iwaki, Fukushima Prefecture, and evacuated most of the 1,400 employees of the local chapter amid leak radiation from the nuclear plant of Tokyo Electric Power Co.

"DO NOT CHANGE THE FUTURE"

"Take time to rebuild, but not change the future, Japan's economic future," said Buffett, chairman and chief executive of Berkshire.

South Korea is a "hunting" for acquisitions, he said, prefer larger companies. Berkshire has spent more than U.S. $ 35,000 million for purchases in the last two years.

"We are willing to invest, and basically the bigger the better," said billionaire investor for 80 years.

"Big companies attract and Korea I have a number of large companies obviously, so it's a hunting ground."

Buffett, whose largest acquisition outside the United States was the purchase of Iscar in 2006, is traveling in South Korea and India to visit Berkshire businesses and seek opportunities. Iscar was bought for U.S. $ 4,000 million. In September he visited China.

Buffett traveled to Europe in 2008, visiting Germany, Italy, Spain and Switzerland, where he praised as a buyer Berkshire attractive to family businesses whose executives might want to maintain business functions built for them. That trip was organized by Angelo Moratti, an Italian area of ??executive power, and Wertheimer.

The growth of Berkshire Buffett was to focus more on business as producers of electricity and railways, which require sustained investment in infrastructure and equipment. Last year, Berkshire announced $ 13,000 million net income and spent $ 6,000 million in property and equipment.

Has received at least U.S. $ 2,250 million in dividends since its purchase Burlington Northern in February 2010.

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-> Site for Ariella Wertheimer, Eitan

Specialist says earthquake in Japan created "buying opportunity"
Billionaire investor recommended to those with Japanese stocks, not sell as as extraordinary as the events occurred, are a "buying opportunity"

Billionaire investor Warren Buffett said the earthquake record of Japan is a buying opportunity and will not sell its shares in the country because their future does not change as a result of the quake.

Buffett this week canceled a trip to Japan to visit a factory belonging to Tungaloy Corp., Cos Meltalworking Iscar. In Fukushima Prefecture, where the reactor was damaged by the earthquake and tsunami of March 11, and Theatre of the worst nuclear disaster in 25 years.

Berkshire Hathaway Inc, Buffett owns 80% of Iscar, a maker of cutting tools.

"If I were Japanese stocks, certainly would not be sold due to the events of the last 10 days or so," Buffett said, speaking to reporters on the South Korean city of Daegu, where he arrived yesterday to attend a ceremony for a new factory being built by TaeguTec Ltd.

-> Site for Ariella Wertheimer, Eitan

"Something as unexpected as this, an extraordinary event, really creates a buying opportunity," he said.

The Nikkei 225 average in Japan fell 12% since March 10, the eve of the earthquake of magnitude 9. The U.S. market is closed Monday for a public holiday.

Eitan Wertheimer, Iscar's chairman, said sales could fall in Japan after Tungaloy suspended work at its plant in Iwaki, Fukushima Prefecture, and evacuated most of the 1,400 employees of the local chapter amid leak radiation from the nuclear plant of Tokyo Electric Power Co.

"DO NOT CHANGE THE FUTURE"

"Take time to rebuild, but not change the future, Japan's economic future," said Buffett, chairman and chief executive of Berkshire.

South Korea is a "hunting" for acquisitions, he said, prefer larger companies. Berkshire has spent more than U.S. $ 35,000 million for purchases in the last two years.

"We are willing to invest, and basically the bigger the better," said billionaire investor for 80 years.

"Big companies attract and Korea I have a number of large companies obviously, so it's a hunting ground."

Buffett, whose largest acquisition outside the United States was the purchase of Iscar in 2006, is traveling in South Korea and India to visit Berkshire businesses and seek opportunities. Iscar was bought for U.S. $ 4,000 million. In September he visited China.

-> Site for Ariella Wertheimer, Eitan

Buffett traveled to Europe in 2008, visiting Germany, Italy, Spain and Switzerland, where he praised as a buyer Berkshire attractive to family businesses whose executives might want to maintain business functions built for them. That trip was organized by Angelo Moratti, an Italian area of ??executive power, and Wertheimer.

The growth of Berkshire Buffett was to focus more on business as producers of electricity and railways, which require sustained investment in infrastructure and equipment. Last year, Berkshire announced $ 13,000 million net income and spent $ 6,000 million in property and equipment.

Has received at least U.S. $ 2,250 million in dividends since its purchase Burlington Northern in February 2010.

-> Created for Eitan, Ariella Wertheimer