“When we were a public company, of the roughly 200 working days a year, we probably spent at least 50 of them outside of the company, talking to public relations people, investor relations people, investment people, and others like that. We don’t do that anymore, so we have more time to concentrate on growing the business.” Warren Buffett when talk about Ralph Schey says, “The reasons for Ralph’s success are not complicated. Ben Graham taught me 45 years ago that in investing it is not necessary to do extraordinary things to get extraordinary results. In later life, I have been surprised to find that this statement holds true in business management as well. What a manager must do is handle the basics well and not get diverted. That’s precisely Ralph’s formula. He establishes the right goals and never forgets what he set out to do. On the personal side, Ralph is a joy to work with. He’s forthright about problems and is self-confident without being self-important.”
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