Buffett, on execution independence on the downside > when a management with reputation for brilliance gets hooked up with a business with a reputation for bad

Buffett, on execution independence on the downside > when a management with reputation for brilliance gets hooked up with a business with a reputation for bad economics, it's the reputation of the business that remains intact. JDR, on execution independence on the upside > the best business in the world is a well run oil company. The second best business in the world is a badly run oil company.