The Knowledge Project #252 · August 31, 2025 · 1h 35m

Tracy Britt Cool: Building Great Businesses

Tracy Britt Cool — Warren Buffett's former 'fireman' at Berkshire Hathaway, now co-founder of Kanbrick. Buffett sent her to turn around struggling businesses. Now applies those lessons to the middle market.

Highlights

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Turnaround principles from Berkshire Hathaway

Buffett's playbook for fixing struggling businesses: find the right leader, simplify, and let them run.

Claude ChatGPT Gemini

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The middle market is where the real opportunity is

Neither startups nor mega-corps — the middle market ($10-500M businesses) is underserved and full of value.

Claude ChatGPT Gemini

Misc

✧Buffett called her his 'fireman' — sent to put out fires at struggling subsidiaries

✧Co-founder of Kanbrick — focuses on the middle market

✧One of the youngest people to work directly with Buffett at Berkshire