Great post as always! My favorite takeaway from the post was -> skin in the game. Warren having most of his net worth tied to the partnership definetely confirmed his commitment and conviction in what he was doing. Best way to show your client/customer you are there for the long haul.
Thanks for a great summary! The fact that Buffet preferred Workouts over Generals during flat or down markets is really interesting and worth considering for your own strategy.
Great post as always! My favorite takeaway from the post was -> skin in the game. Warren having most of his net worth tied to the partnership definetely confirmed his commitment and conviction in what he was doing. Best way to show your client/customer you are there for the long haul.
Thank you for your feedback! We have found skin-in-the-game a very effective mental model for decision-making in investing and life.
🤝 anytime
Very useful and a valuable summary of a book that I had not heard of until your essay. Thank you for the synopsis.
You’re very welcome, Steven! This is high praise coming from you sir since we admire your work and writing highly. Thank you.
Nice write up! I’ve been rereading the partnership letters and this was welcomed summary.
Thanks!
Thanks for a great summary! The fact that Buffet preferred Workouts over Generals during flat or down markets is really interesting and worth considering for your own strategy.