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Warren Buffett Warns Not to Repeat His Mistakes, ‘We’ve Never Succeeded in Making a Good Deal with a Bad Person’
Yahoo Finance· 2025-09-30 12:00
Warren Buffett, one of the most influential investors in modern history, has consistently emphasized that people matter as much as financials when evaluating business opportunities. Among his many reflections on investing, one of his clearest came from the Oracle of Omaha's 1989 annual Berkshire Hathaway (BRK.A) (BRK.B) shareholder letter: “We’ve never succeeded in making a good deal with a bad person.” The statement captures Buffett’s belief that business partnerships must be built on a foundation of tru ...