The Single Most Important Thing in an Operating Business


“I’m a better businessman because I’m an investor, and a better investor because I’m a businessman.” - Warren Buffett

What might be some of the reasons why an investor might be better because they run their own business? I think you start to look at the companies you invest and their operations a little differently. You start to focus on the intangibles and many of the areas that Peter Kaufman talks about in this speech he did here.

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