Can you imagine any public company embracing a business model that would lead to the decline in revenue that we experienced from 1986 through 1999? - Warren Buffett
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Can you imagine any public company embracing a business model that would lead to the decline in revenue that we experienced from 1986 through 1999?
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About
Warren Buffett
Warren Edward Buffett (born 30 August 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $113 billion as of June 2022, making him the world's fifth-wealthiest person.
In the business world, the rearview mirror is always clearer than the windshield.
In addition to being independent, directors should have business savvy, a shareholder orientation and a genuine interest in the company. The rarest of these qualities is business savvy — and if it is lacking, the other two are of little help. Many people who are smart, articulate and admired have no real understanding of business. That’s no sin; they may shine elsewhere. But they don’t belong on corporate boards.
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