24 Lessons From Warren Buffett’s Annual Letters To Shareholders
CB Insights
FEBRUARY 28, 2019
He mocks himself for making mistakes, and sings the praises of Berkshire’s army of CEO-managers. Management. Each manager, in other words, would receive a portion of the company’s profits less the amount that they spent, in terms of capital, to generate those profits — a reminder to all that capital was not without costs.
Let's personalize your content