What Makes Management Good?
Becoming Investors
English - June 23, 2020 04:00 - 43 minutes - 29.9 MBInvesting Business investing value investing warren buffet invested phil town danielle town charlie munger guy spier Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
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How important is management to the success of a business? The CEO of Coca-Cola made a huge blunder by introducing "new coke," effectively breaching their own moat. Kodak's management failed to adapt to the new technology of digital cameras which resulted in an industry leader falling into irrelevance. Management needs to have vision and flexibility to maintain durable advantages and keep growing the company.