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December 11, 2008

Warren Buffett's Way: When it comes to stock, it's about management, management, management

Warren Buffett puts strong management on the top of his
list. He likes to meet them in person and get to know them. That’s a
little too much to ask of you. But, at minimum, you should read the
CEO’s bio (which is typically provided on a company’s website).

Warren Buffett googles the CEO’s name. Nine times out of 10, you’ll get plenty ofinstant reading material.

If you can, go to the company’s annual meetings and listen to the CEO and other executives speak. Or – if
that’s not possible – listen to their called-in quarterly earnings report.

Just remember that there’s no such thing as too much direct and upclose
exposure to the companies you’re investing in. The more you
know about them, the better buy/sell decisions you will make.

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