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He argues that temperament is more important than IQ. A manager must remain rational when others are panicking or being greedy.
He rarely interferes in daily operations, trusting CEOs to manage their businesses as if they owned them. ⚖️ Ethics and Reputation He argues that temperament is more important than IQ
If you are looking for these specific lectures, you can find them in: ⚖️ Ethics and Reputation If you are looking
He avoids short-term "earnings games" or unethical shortcuts that might boost quarterly numbers at the expense of long-term trust. 🧠 The Role of Rationality Do you need translated into English/Russian for a
Rationality is most critical when deciding what to do with company earnings. He expects managers to reinvest money only if it can generate a return higher than the cost of capital; otherwise, it should be returned to shareholders.
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