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Warren Buffett and Charlie Munger Teach Investing - Why Not Change Management
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Warren Buffett and Charlie Munger Teach Investing #shorts
Buffett and business partner Charlie Munger described their management style at conglomerate Berkshire Hathaway in this way: To identify good managers and then get out of their way.
“And so the important thing we do with managers, generally, is to find the .400 hitters and then not tell them how to swing,” Buffett said. “The second thing we do is allocate capital. And aside from that, we play bridge.”
#WarrenBuffett #CharlieMunger #BerkshireHathaway
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Buffett and business partner Charlie Munger described their management style at conglomerate Berkshire Hathaway in this way: To identify good managers and then get out of their way.
“And so the important thing we do with managers, generally, is to find the .400 hitters and then not tell them how to swing,” Buffett said. “The second thing we do is allocate capital. And aside from that, we play bridge.”
#WarrenBuffett #CharlieMunger #BerkshireHathaway
Best Investing Books:
(The above are affiliate links that help support the channel.)
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