Berkshire Hathaway’s yin and yang — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
  • LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Berkshire Hathaway’s yin and yang

Get PDF file

by on
in Leaders & Managers

Warren Buffett, one of the richest men in the world, didn’t get there on his own. He has relied on his friend and co-strategist, Charlie Munger, who views business from a different angle.

“Buffett will understand something on a micro level,” says Mohnish Pabrai, an investment expert, “but Munger will understand how it fits into the world looking a decade out.” This essential interplay is what keeps the team so successful—acting alone, neither man would have the same sort of business prowess.

To implement this for yourself, find a sounding board in another individual, preferably someone who envisions things a lot differently than you do.

“Learn your gaps, and fill them,” Munger says.

— Adapted from “Buffett’s Best Man,” Dyan Machan, Smart Money.

Related Articles...

Leave a Comment

Previous post:

Next post: