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Warren Buffett's Investing Secret? Great Companies Don't Require Good Management

Warren Buffett

First Posted: 02/18/11 08:53 AM ET Updated: 05/25/11 07:35 PM ET

Bloomberg:

Warren Buffett, the billionaire chief executive officer of Berkshire Hathaway Inc., said he rates businesses on their ability to raise prices and sometimes doesn't even consider the people in charge.

"The single most important decision in evaluating a business is pricing power," Buffett told the Financial Crisis Inquiry Commission in an interview released by the panel last week.

Read the whole story: Bloomberg

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Filed by Ryan McCarthy  |