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On the contrary, Buffett actually likes to invest in companies in which he can stay hands-off and not have any influence on the culture at all. He just likes to
by sayemm 15y ago
On the contrary, Buffett actually likes to invest in companies in which he can stay hands-off and not have any influence on the culture at all. He just likes to find real winners and help them keep winning.
That's the significance of that quote, and that's why the personalities of the founders are so very important. You either have a great culture set from the start which lasts, or you have a broken one, which is largely irreversible later on.