
Although the Corporate Rules of America (from distance work BY vogue) have changed over the last decade, one thing that has remained quite stable is the old school company Dementia The challenge of the brackets. The college basketball tour starts on Thursday, March 20.
But if you work in 1.13 trillion dollars conglomerate Berkshire Hathaway, no one has won the challenge for at least a decade, and President Warren Buffett, 94, is becoming Antsy. So this year, he is making it “easier than ever” for someone to get home the highest price of $ 1 million.
“I'm getting grown”. Buffett relevant Wall Street Journal. “I want to give someone a million dollars while I'm still around as chairman.”
In a typical madness betting configuration in March, employees pay a small fee (out of books) to insert into a swimming pool and fill a bracket with the hope of predicting teams that will progress. While the field decreases from 68 all the way to Sweet 16, Elite 8 and Final Four, eventually appointing a champion, the employee with the most accurate elections takes the pot home.
However, 400,000 workers in Berkshire range of enterprisesFrom the approaching fruits to Geico, they don't have to pay to enter, for CNBC. (Last year about 65,000, according to WSJ, and indeed, they just have to look at the first round.
The reason for the absence of a winner is the non -grads of Berkshire to make the challenge. In the past, employees needed a perfect first round bracket. But this year, if one participant selects at least 30 out of 32 winners of the first round game of the tour, they will receive million cools. However, there will be only one high winner, so if more than one bracket has a 30-plus winner, there will be tiebreakers. Runners-up earn $ 100,000 each. WSJ notes that it happened before. In 2017, five brackets predicted the 31st winners out of 32 matches. (But that year they needed a perfect result.)
If Buffett's hopes are broken and there is no $ 1 million winning this year again, a $ 250,000 “consolation” will go to anyone who chooses the biggest tournament winners.
“Hope it's this year,” Buffett WSJ told. “We made it easier this year than ever.”
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