Reported 2 days ago
Warren Buffett stresses the importance of character and trust in business partnerships, stating in a 1989 letter that successful deals cannot be made with unreliable individuals. He emphasizes that, regardless of financial prospects, he only engages in partnerships with those he respects and admires. Buffett's approach has been validated through his successful acquisitions, highlighting that true business success requires choosing the right people to work with, not just spotting opportunities.
Source: YAHOO