Buffett In New Memo Tells Managers: Reputation Is Everything

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Buffett Reminds His Top Managers: Reputation Is Everything

Warren Buffett, who’s run Berkshire for the past five decades, sends a memo every other year to the managers of each of Berkshire’s 80-plus subsidiaries that emphasizes those two points. The latest such memo, which varies little from the version Mr. Buffett shared with investors in Berkshire’s 2010 annual report, carries Friday’s date

see full article via Money Beat

See the memo below.

 

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