[My Takeaway]
Criteria of Good Management: 1. Know their businesses. 2. Love their businesses. 3. Love their shareholders and treat them as partners.
[EXPLANATION - Baseball Batting Average]
https://en.wikipedia.org/wiki/Batting_average_(baseball)
[Full Videos of Berkshire Hathaway Annual Meeting 1996]
https://buffett.cnbc.com/1996-berkshire-hathaway-annual-meeting/
[ABOUT - Collection: Warren Buffett]
Whenever, I search up on fund managers that practice value investing. All of them done 1 common thing that is, they study whatever they can about Warren Buffett from his annual letters, annual meeting or even interviews. Hence, I decided to do the same and share it together with all of you so that we can learn and grow together :)
[My 2 Cents]
Do Not Invest =
Terrible Business + Good Management
Invest =
Decent Business + Good Management
Invest Heavily =
Good Business + Good Management