Promote on the basis of seniority, and employees quickly realize that what matters is putting in the time. Promote “buddies,” and employees quickly realize that establishing personal relationships ...
Warren Buffett is known for advising investors to stay within their circle of competence, which means not buying or even considering businesses or industries that the investor cannot understand. He ...
WarrenBuffett’s Berkshire Hathaway has invested $74 million in infrastructure company VeriSign even as its stock has fallen 2% during a skyrocketing year for tech companies. WarrenBuffett is ...