Famed investor Warren Buffett once emphasized the significance of trust and character in business partnerships, stating that these qualities are as vital as financial metrics when assessing investment opportunities. Buffett, the esteemed investor and chairman of Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK), shared his thoughts on the importance of trust and character in business partnerships in his 1989 annual Berkshire Hathaway shareholder letter. Buffett wrote, “We've never succeeded in making a good ...

Warren Buffett, one of the most influential investors in modern history, has consistently emphasized that people matter as much as financials when evaluating business opportunities. Among his many reflections on investing, one of his clearest came from the Oracle of Omaha's 1989 annual Berkshire Hathaway (BRK.A) (BRK.B) shareholder letter: “We’ve never succeeded in making a good deal with a bad person.” The statement captures Buffett’s belief that business partnerships must be built on a foundation of tru ...