Monday, September 18, 2006
The Warren Buffett CEO 4: Ajit Jain
“When you take risks, you have to accept that you have some losses. You can’t let this keep you at night. When we make a deal, we stick to it.”
“Avoid dumb mistake—do everything possible to anticipate the risks in a deal. The worst thing is when something you hadn’t even considered comes back to haunt you.”
“A good manager must quickly make a decision and move on. If you’re on the fence about a particular deal, then you probably should decline and move on to the next opportunity.”
Labels:
Ajit Jain,
CEO,
National Indemnity Company,
Warren Buffett
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