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"I've said many times that when a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of th
by riggins 14y ago
"I've said many times that when a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."
-Warren Buffett
- drewda 14y agoThat quotation is also how James Surowiecki ends his pretty decent column on Ron Johnson: http://www.newyorker.com/talk/financial/2013/03/25/130325ta_talk_surowiecki http://www.newyorker.com/talk/financial/2013/03/25/130325ta_...
- riggins 14y agoI give Surowiecki for knowing that quote. It perfectly describes the situation.