Business partnerships
ø
Don’t make a good deal with a bad person
- One lesson we learned a long time ago. That, what we learned a long time ago is that you can’t make a good deal with a bad person. Just forget it. Now, if you think you can draw up a contract that, that is going to work against a bad person, they’re gonna win.
- But one thing, they, they probably enjoy litigation but ah, Berkshire Hathaway as an entity, or me personally, or anything, we don’t wanna spend our life, you know, doing that sort of thing.
- And, and besides, the bad guys win. They know more games. They may lose eventually in the but, but it’s no way to spend your life.
- Source: Warren Buffett
It's only fair to share...
