He looks for companies with honest and competent management from "summary" of Warren Buffett's Ground Rules by Jeremy Miller
Warren Buffett places a strong emphasis on the importance of honest and competent management when evaluating potential investments. He believes that the individuals running a company play a critical role in its success or failure. Buffett looks for managers who are not only honest but also possess the necessary skills and experience to effectively lead the business. Honesty is a fundamental quality that Buffett values in management. He wants to ensure that the leaders of the companies he invests in are transparent and forthcoming in their dealings. Buffett believes that dishonesty can erode trust and ultimately harm the company and its shareholders. By seeking out honest managers, Buffett aims to align himself with individuals who prioritize integrity and ethical behavior in their decision-making.
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