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His mother had emotional issues and he took some verbal abuse as a child. This led Buffett to go out of his way to be liked by others and avoid confrontation at
by transburgh 18y ago
His mother had emotional issues and he took some verbal abuse as a child. This led Buffett to go out of his way to be liked by others and avoid confrontation at all costs.
- 10ren 18y agoThat's in his personal life (and is probably why he is so well-liked); but in business decisions, he buys when others are selling (and vice versa). He closed up his first partnership, depressed, because the stock market was booming. He has described himself as being excited when the market falls. (but maybe much of this contrarianism comes from his partner, Charlie Munger, and his mentor Benjamin Graham?) I think he also supported breaking a strike (at the Washington Post). That ain't nice stuff, and I think he vowed never to get into that situation again. But he did get into the first time.
- byrneseyeview 18y agoI think he also supported breaking a strike (at the Washington Post). That ain't nice stuff What's not-nice about that? Letting a cartel exploit its customers seems like the moral low ground.
- 10ren 18y agoIf you confront strikers, they won't like you - see the context of this thread.