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Friday, March 2, 2007

Warren Buffett Letter to Shareholders

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Buffett seeks a 'New Buffett' In annual report released Thursday, the world's greatest investor says he's looking for an understudy - job-hoppers and money-grubbers need not apply.

Picking the right person to hire on the investment side will not be easy, Buffett says. "We need someone genetically programmed," he specifies, "to avoid serious risks, including those never before encountered." Other talents he will be looking for, he says, are "independent thinking, emotional stability, and a keen understanding of both human and institutional behavior."

Thanks for lessons Warren !
The Essays of Warren Buffett : Lessons for Corporate America

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