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#44 Todd Finkle: Warren Buffett - Investor and Entrepreneur
Investing by the Books
The Importance of Quality in Business
Buffett is famous for saying that he thinks the quality of the business is more important than the management team. So what's your view on that? Is he really saying the truth in that statement?Yeah, I think he is. I think he puts a big value in management and another quality that he looks for before he'll get into a company. Of course, is the valuation of the firm and does it have a margin of safety? That's kind of a variable figure that I haven't figured out yet.
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