Warren Buffett Never Considers Where Execs Graduated From and Says a ‘Large Portion’ of Business Talent Comes from Nature, Not Nurture.
Warren Buffett has long been known for his unorthodox approach to selecting CEOs for companies acquired by Berkshire Hathaway. Unlike many other investors who place a premium on the educational credentials of top executives, Buffett has said that he never looks at where a candidate has gone to school. He believes that much of a person's business talent comes from nature, not nurture. This philosophy is reflected in his success with companies like Forest River and Ben Rosner's retail clothing business.
- The notion that innate business talent can often trump formal education suggests that the traditional notion of "business school" may be less important than previously thought.
- How do you think this approach to CEO selection would play out in today's global economy, where access to top-tier educational institutions is increasingly tied to career advancement?