The Oracle of Omaha might make Indians go into a ‘Jai Ho’ trance yet again.Fresh from the SlumDog Millionare ala Recognition of Indian Artists at the global stage, this might make it the perfect Icing On The Cake.
Ajit Jain is a graduate of IIT Kharagpur and has an MBA from Harvard. The sureshot receipe to Succes!!.He also held positions at McKinsey as an executive.However,he has long migrated to the US.
Mr.Warren Buffett showered praise on Mr.Amit Jain in his annual letter.Amit handles the re-insaurance business.Here is a verbatim from his letter,
“Ajit came to Berkshire in 1986. Very quickly, I realized we had acquired an extraordinary talent. So I did the logical thing: I wrote his parents in New Delhi and asked if they had another one like him at home. Of course, I knew the answer before writing. There isn’t anyone like Ajit. “
It is also worth mentioning that Warren Buffett calls the reinsurance division “one of the most remarkable businesses in the world” because it employs only 31 people but generates billions. “It features very large transactions, incredible speed of execution and a willingness to quote on policies that leave others scratching their heads. When there is a huge and unusual risk to be insured, Ajit is almost certain to be called.”
Coming from One of the most successful investor of all times,It sure speaks volumes about Mr.Ajit’s capabilities.
Way to go mr.Amit Jain.
On the hindsight, isn’t this a clear case of Brain Drain and India losing out on yet another jewel from its crown.
What do you think.Is it a true ‘Jai Ho’ moment or a ‘Udas Ho’ moment for not being to able to utilize Amit Jain’s service for our own country.