THOUGHT FOR THE DAY
Clever
“The desire to seem clever often keeps us from being so. ” - Francois de La Rochefoucauld
TOPIC OF THE DAY
Don't Buy a Company, Buy a CEO
At its core, investing in a great company means investing in the people who work there. At most companies, there's no one more important to investors than the CEO. When things go well, we shower the CEO with praise. When things go poorly, we bash the CEO incessantly for whatever flaws we can find.
So what should we look for in our CEOs? While some ideal qualities wouldn't make these people great drinking buddies, the right traits could nonetheless help investors make money.
Read on...
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