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The Economic Times
The Economic Times
National
Piyush Shukla

Warren Buffett's Life Advice: “After some other mistakes, I learned to go into business only with people whom I like, trust, and admire. A second-class business won’t…” Why the people you trust may matter more than the money you make — A deeper lesson about people, success and character

Warren Buffett Life Advice: “Like, Trust, and Admire” — A Deeper Lesson About People, Success and Character - Warren Buffett’s 1989 letter to Berkshire Hathaway shareholders delivered a fundamental truth about human capital and corporate success. He explained that while good character cannot fix a fundamentally broken enterprise, partnering with people you like, trust, and admire acts as a multiplier for a structurally sound business. This approach minimizes the friction of daily operations and ensures long-term stability. The philosophy demonstrates that character evaluation is just as critical as financial analysis when building a lasting career or company.

Warren Buffett on Trust and Business: Inspiring Lessons on Values, Authenticity, and Professional Excellence

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