8 Tips about Investors As Managers

If I believed having 10 people rather than 52 would allow us to be more successful, we'd quickly make that transition. But with the specialization of...
We’ll make mistakes, but it won’t be because of lack of discipline or focus or because of conflicts of interest. No equity portfolio manager or...
It's wonderful to be trusted. Some think if we just had more compliance checks and process, virtue would be maximized. At Berkshire, we have subnormal...
The art of what we do is in the interpretation of data produced by our valuation model and deciding what to actually buy and sell. Here you need to...
There’s a real premium in this business on innovation. That doesn’t mean chasing the latest fad, but it does mean recognizing new opportunities...
One of my biggest jobs is to keep everyone focused. Don’t stare at the red numbers on the screen – call companies, call industry contacts to hear...
If one of our portfolio managers has one great year, it doesn’t factor at all into how he or she is paid. That could just be a random event. I think...
It’s important to realize that the brain isn’t programmed like a computer, and that every individual can approach problems and issues in a unique...