Warren Buffett Says Don’t Bother Investing in Companies Solving Hard Problems, ‘What We Have Learned Is to Avoid Them’
Warren Buffett, the long-time chairman and CEO of Berkshire Hathaway (BRK.A) (BRK.B), has often framed his investment wisdom in terms that are both practical and memorable. One of his most enduring lessons centers on the value of avoiding unnecessarily difficult challenges in favor of straightforward opportunities. As he put it, “After 25 years of buying and supervising a great variety of businesses, Charlie [Munger] and I have not learned how to solve difficult business problems. What we have learned is t ...