Warren Buffett's Management Secrets

Warren Buffett's Management Secrets Synopsis

The book is divided into several sections covering Warren Buffett's personal business management:

. Managing one's life - focuses on Buffett's insistence on a good education, picking one's heroes early in life, and staying away from things that damage you personally. The authors also discuss Buffett's belief that challenges make life interesting.

. Managing One's Career - Buffett believes that you should work at something that you are passionate about. Do what you like and you will find a way to make money. Do what you hate and you will be miserable even if you are rich.

. Managing Employees - place honesty on the same level as intelligence as a managerial attribute. How to keep managers inspired and working hard.

. Managing the Business - Buffett has learned that companies that have a durable competitive advantage over their competitors consistently earn more money year after year and are the easiest to manage.

. Managing of Personal Money - discover the simple rules that Buffett uses for buying other businesses and how he has incorporated them into his own personal investment style.