> Warren Buffett Blog: Warren Buffett says its easier to avoid difficult problems than solving them

Tuesday, February 3, 2015

Warren Buffett says its easier to avoid difficult problems than solving them

Easy does it. 

After 25 years of buying and supervising a great variety of businesses, Charlie [Munger] and I have not learned how to solve difficult business problems. 

What we have learned is to avoid them. 

To the extent we have been successful, it is because we concentrated on identifying one-foot hurdles that we could step over rather than because we acquired any ability to clear seven-footers.