Buffett’s “Two Yardsticks” For Evaluating ManagersRupert Hargreaves
Warren Buffett's deal-making strategy is relatively unique for a CEO of a Fortune 500 company.
Unlike most other CEOs, when Buffett makes a deal to acquire a company, there are no teams of expensive investment bankers or lawyers employed, and while the Oracle of Omaha does spend hours conducting due diligence on his target, ultimately the overall process is relatively speedy. He has built a reputation for handshake deals and one-page merger contracts.
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