Ep 385. 5 Years of Podcasting, Theme Park Industry in 2023, Munger DJCO Meeting, and Berkshire’s 13-F
Focused Compounding
00:00
Can a Great Business Be Run by a Lousy Manager?
He said sometimes Coca-Cola was run for years by a man with severe mental impairment The directors just assumed he was drunk and let him stay there. Said I regard Alibaba as one of the worst mistakes I ever made in thinking about Alibaba He didn't stop to realize that it's still a goddamn retailer It's going to be a competitive business the internet.
Transcript
Play full episode
