Warren Buffett: How To Find Good Managers

Warren Buffett likes to own businesses that can run themselves. To put it another way, he wants to own companies that have such substantial competitive advantages. It does not matter who is at the head of the business. However, he also has a long track record of buying companies just because he likes the managers. Nebraska Furniture Mart stands out as a good example. Finding good managers Finding a competent and trustworthy management team to invest with is one of the most significant challenges for investors, particularly minority investors. We rely on managers to act in our best interests and…