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Biographies
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2 / 531 |
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Because he was so clear and consistent with this measure, his managers knew exactly what was expected of them. Warren is quoted as saying “I would rather have a $10 million business making 15 percent than a $100 million business making 5 percentâ€. Because of this rule, his managers knew that in order for Buffet to invest more capital into their business they would have to create this higher return on investment...
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He is certainly a great example of what a great business leader is in today’s world.
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