Quote by Warren Buffett

I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.


I try to buy stock in businesses that are so wonderful that

Summary

This quote by investor Warren Buffett highlights his investment strategy. Buffett believes in investing in businesses that are simple and robust enough to be run successfully by anyone, irrespective of their competence. He emphasizes the importance of identifying companies with solid fundamentals and sustainable competitive advantages, as they have the potential to continue thriving even under suboptimal management. By following this approach, Buffett aims to ensure the long-term success of his investments, knowing that eventually, incompetent leadership may come into play.

Topics

Business
By Warren Buffett
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