Buffet on What Makes a Good Manager

in this brief  video from the Buffett’s 1996 Annual Shareholders meeting archive, he answers a  question on what makes a good manager.

The questions for credit unions from his comments might be:

  1. Are credit unions a “great business” or do they need “great managers” to succeed?
  2. Does Buffett’s description of a good manager apply to credit union CEO’s?
  3. What are the implications that the leaders of the Fortune 500 are not uniformly top quality and that there are a lot of mediocre ones, suggest about credit union CEO’s?

Here’s the brief video where he responds to the question of what good management is. You will need to click on the link and then again on the video.

https://buffett.cnbc.com/video/1996/05/06/you-get-a-lot-of-mediocrity.html?__source=newsletter%7Cwarrenbuffettwatch

 

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