> Warren Buffett Blog: Buffett admits his weakness in personnel changes

Wednesday, May 14, 2014

Buffett admits his weakness in personnel changes

A pure weak point is, I'm slow to make personnel changes. There will be times when what you might call our lack of supervision of our subsidiaries means we'll miss something.

We had a guy, we loved the guy, and it wasn't killing us in our business, and how long before we went to somebody else. We've waited too long on one manager sometimes