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Warren Buffett Quotes about Running

I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.

"Warren Buffett hauled before US financial crisis commission" by Graeme Wearden, www.theguardian.com. June 2, 2010.

In the long run managements stressing accounting appearance over economic substance usually achieve little of either.

Lawrence A. Cunningham, Warren E. Buffett (2013). “The Essays of Warren Buffett: Lessons for Corporate America (Third Edition)”, p.125, Carolina Academic Press