Warren Buffet wrote in his annual shareholder letter:
In good years and bad, Charlie and I simply focus on four goals:(1) Maintaining Berkshire’s Gibraltar-like financial position, which features huge amounts of excess liquidity, near-term obligations that are modest, and dozens of sources of earnings and …
I obsess over time. Time is our most valuable resource. Nothing else even comes close; money is easy. This fact explains the popularity of Getting Things Done (GTD) and 4-Hour Work Week. Everybody wants to expand time.Reminding myself of these keys has been critical …
I think one of the secrets to my success in the past has been to primarily focus on the numbers. I would have clear financial targets, practiced open book management, rewarded generously the business unit and sales leaders based on financial performance. It works, but it can also be …
