“The road that leads to success is usually paved with a ton of mistakes, so get over it and on with it. If you don’t like leading, you can always follow.”
The Tao of Warren Buffet – by Mary Buffett and David Clark
Category Archives: Warren Buffett
Material inspired by or directly from the works of Warren Buffett
The Buck Stops with the CEO
“By not taking the blame they are essentially saying that the buck doesn’t stop here. If it doesn’t stop with the CEO, then he must not really be our leader, right? If he isn’t our leader, then why don’t we go out and get ourselves someone who can lead or run our business? It is our business, isn’t it? We are the owners, right? Warren has never forgotten that Berekshire’s shareholders own the business that he runs. That is why he is always forthcoming not only about the good news, but also the bad.”
The Tao of Warren Buffet – by Mary Buffett and David Clark
Swim to Ajit
Reading Warren Buffet has taught me that we can write great material addressing serious business issues AND do so in an entertaining way. Monthly and Quarterly board reports do not need to be so boring and dry all the time. We can have some fun with them. Please.
“A hugely important event in Berkshire’s history occurred on a Saturday in 1985. Ajit Jain came into our office in Omaha – and I immediately knew we had a found a superstar. (He had been discovered by Mike Goldberg, now elevated to St. Mike.)
We immediately put Ajit in charge of National Indemnity’s small and struggling reinsurance operation. Over the years, he has built this business into a one-of-a-kind giant in the insurance world.
If Charlie, I and Ajit are ever in a sinking boat – and you can only save one of us – swim to Ajit.” – Warren Buffet in his letter to Shareholders on February 26, 2010.