Here is one important factor that the Oracle of Omaha looks for in the investments he makes
Warren Buffett’s track record makes him one of the investing community’s all-time greats.
From 1965 to 2021, he generated an incredible annual return of 20%.
In Buffett’s 1989 letter to his shareholders, he shared his key considerations when evaluating a company as an acquisition opportunity.
Buffett believes that having a capable management team is critical for the success of any business.
Ensure management is capable and hardworking
As share investors, a listed company will often have a management team in place, so this is not something we have to worry about.
But, you do need to make sure that any company you’re interested in investing in has a good management team in place.
A lousy management team will end up destroying shareholder value over time while a great one can help you to compound your wealth many times over
Source: The smart investor, 8 Sep 2022
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