Monday, November 21, 2011

Some Questions for Monday Morning

This is adapted from some questions that Warren Buffett once asked a group of MBA students:

1. If you could own 10 percent of the future earnings of any one of your classmates, whose stock would you buy?

2. On the other hand, if you were going to short someone's future, how would you make that pick?

Buffett noted that you probably wouldn't base your choices on grades or test scores, but instead would use character-related qualities to make your choices, such as ethics and the ability to be a team player.

Alan M. Webber relates this story in his thought-provoking book, Rules of Thumb. The anecdote is one to remember when sorting out the criteria for selections and promotions.

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