was commenting on how Warren Buffett was a principled man, and that
his values translated in business success.
struck me was Buffett’s adaptation of Einstein’s equation for the theory
the success of a business can be predicted from this equation, with
changes to what the variables stand for.
E = earnings,
the lifeblood of a business.
M = management capability.
C = character of the management. Squared.
was on “C squared". No matter how skilled the management of a company
is, the character of the business leaders is even more important for