Warren Buffett -- Rich, Respected, Thesis

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Assessment of Buffett: It would be a great thrill to meet Warren Buffett; in fact it would be the opportunity of a lifetime to take a digital recording device and just chat with him for 15 or 20 minutes. An article in Research Technology Management (Bloomquist 1996) reports that one of the criteria Buffett looks at when considering investing in a company is that organization's commitment to "candor." Buffett is intolerant of managers who spice up their reports because those individuals are "serving perhaps their own interests in the short-term but no one's interest in the long run" (Bloomquist).

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Indeed, Buffett has stood the test of the "long run" and remains among the most respected Americans. He has been a force for good, a force for honesty and smart investments. And the fact that he is donating billions to worthy causes that desperately need financial support says a lot more about Buffett than any bottom line in any company he has owned or invested in.

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