chapter 2
What to look for in management
‘My recommendation is to invest in management you trust’
‘When 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
‘We also believe candour benefits us as managers. The CEO who misleads often in public eventually misleads himself in private’
Warren Buffett
‘Getting to know the management of a company is like getting married. You never really know the girl until you live with her. Until you’ve lived with a management you don’t really know them’
Phil Fisher
Get to know the management
Over the years I have come to value management integrity and openness more and more highly. In ...
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