In 1985, Warren Buffett made an appearance on Adam Smith’s Money World. In the interview, which was one of Buffett’s earliest television appearances, Buffett and Smith discussed a range of topics, everything from what makes a good investment manager, to Buffett’s investment process. The interview started off with Smith asking for Buffett’s views on what makes a good investment manager. The CEO of Berkshire Hathaway replied by saying that it does not take “tons of IQ,” to be successful in the business. However, a manager does need “a stable personality and temperament that neither derives great pleasure from being with…
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