Berkshire Managers
"Our managers have produced extraordinary results by doing
rather ordinary things — but doing them exceptionally well. Our
managers protect their franchises, they control costs, they search for
new products and markets that build their existing strengths
and they don’t get diverted. They work exceptionally hard at the
details of their businesses, and it shows."
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Warren Buffett, 1987 Letter to Berkshire Hathaway Shareholders

"So when I buy a business, I am usually buying the manager
with them, because I don’t know how to run the business. So
when someone comes along that wants to sell their business,
I have to look at them in the eye and I have to decide whether
they love the money or love the business. It’s okay to love the
money, but they have to love the business."
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Warren Buffett, Inverview With Charlie Rose, PBS, May 2, 2004

"Our prototype for occupational fervor is the Catholic tailor who
used his small savings of many years to finance a pilgrimage to
the Vatican. When he returned, his parish held a special meeting
to get his first - hand account of the pope. “ Tell us,” said the eager
faithful,“ just what sort of fellow is he?” Our hero wasted no
words:“He’s a 44 medium.”
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Warren Buffett, 1986 Letter to Berkshire Hathaway Shareholders