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☆ Ange Postecoglou: How Australian coach is transforming his club and winning the hearts of soccer fans
▼ + stars: | 2024-01-14 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +10 min

However, the top flight of English soccer had never seen an Australian manager in its 31-year history – that is until the arrival of Ange Postecoglou. Ian MacNicol/Getty ImagesThe Australian was greeted with a similar reception when he was hired by London club Tottenham in the summer of 2023. “He’s inspired Australian football and inspired Australian football coaches,” Dr. Craig Duncan, one of the nation’s leading sports scientists who worked with Postecoglou during his tenure with the Socceroos – the Australian national team – told CNN Sport. So much so that, according to Duncan, many Australian football fans he has spoken to will immediately check the score of Tottenham’s matches when they wake up. “This isn’t about us playing good football, it’s about us winning games of football,” Postecoglou told reporters after a recent 2-1 defeat by West Ham.

Persons: Ange Postecoglou, Postecoglou, Callum McGregor, Ian MacNicol, “ We’ve, “ He’s, ” Dr, Craig Duncan, –, Duncan, ” Postecoglou, “, Postecoglou’s, Craig Foster, Foster, unemployable ”, Ryan Pierse, Postecoglou's, ” Duncan, Spurs, Antonio Conte’s, you’re, ”, Anusak, “ Ricky Sacks, Sacks, Pedro Porro, Yves Bissouma, Pape Matar Sarr, ’, Mauricio Pochettino, Pochettino, José Mourinho, Nuno Espírito Santo, Conte, Harry Kane, Son Heung, he’s Organizations: CNN, Premier League, Spain’s Basque, Australian’s Premier League, Tottenham Hotspur, Scottish, Celtic, Glasgow, Scottish Premier League, London, Tottenham, Spurs, Socceroos –, Australian, CNN Sport, BBC Sport, Sky Sports, South Melbourne FC, FIFA, Australia, Panachaiki, Brisbane Roar, Roar, Melbourne Victory, Socceroos, Brisbane, Melbourne, Marinos, Tottenham Hotspur “, ” Spurs, ‘, Champions League, Bayern Munich, Spurs ’ Locations: Argentinians, Australia, Greece, Japan, Australian, Postecoglou, Athens, Victoria, Brazil, South Melbourne, Yokohama, Scotland, North London, West Ham, London

[1/2] An illuminated Google logo is seen inside an office building in Zurich, Switzerland December 5, 2018. Walker said Europe should aim for the best AI rules, not the first AI rules. "We've long said that AI is too important not to regulate, and too important not to regulate well. The race should be for the best AI regulations, not the first AI regulations." Business group DigitalEurope and 32 European digital associations last week warned the EU against over-regulating foundation models.

Persons: Arnd, Kent Walker, Walker, Foo Yun Chee, Josie Kao Organizations: REUTERS, Rights, European Union, European Commission, Technological, Business, Thomson Locations: Zurich, Switzerland, Rights BRUSSELS, Europe

☆ I'm a recruiting manager. Here are 3 things you should lie about during your interview to land the job.
▼ + stars: | 2023-11-27 | by ( Aria Yang | ) www.businessinsider.com time to read: +5 min

A red flag answer is any response that involves being overly negative or bashing a former employer. A red flag answer will look like:"My manager was micromanaging me." AdvertisementA green flag answer will look like:"Things were going great, but I wanted to take on more challenges." AdvertisementA red flag answer will look like:"I'm looking for a remote job so I can be home with my kids." A red flag answer will look like:Advertisement"I hope to move into finance but those jobs are hard to come by.

Persons: Bonnie Dilber, —, micromanaging, Let's Organizations: Service Locations: —

Mr. DeSantis has a long history throughout his political career of cycling through different teams, a fact that people who have worked for him have attributed to his micromanaging style. His allies have questioned the messaging and depth of the ad-buying by the super PAC, according to two people briefed on the matter. A third said some allies believed Mr. DeSantis was being blamed by voters for the negative spots. Since they came into existence nearly 15 years ago, super PACs have traditionally handled negative messaging and advertising against a candidate’s rival. The group’s main strategist, Jeff Roe, and a board member, Scott Wagner, who is a college friend of Mr. DeSantis, had a heated argument during a discussion about money, according to people briefed on the matter.

Persons: DeSantis, Chris Jankowski, Steve Helber, . Jankowski, “, Ron DeSantis, ”, Nikki Haley, Jeff Roe, Scott Wagner, Mr Organizations: Press Locations: China, Atlanta

☆ I quit college and became a truck driver. It's the best decision I've made for my career.
▼ + stars: | 2023-11-20 | by ( Aria Yang | ) www.businessinsider.com time to read: +7 min

AdvertisementThis as-told-to essay is based on a conversation with Kiara Areli, a 22-year-old truck driver based in the Chicago area. At Amazon, I joined the Amazon Career Choice program , an educational initiative designed to empower Amazon employees to learn new skills for career success. Becoming a truck driver was one of the best decisions I've ever madeBefore becoming a truck driver, I was in a dark place and had no idea what I wanted to do with my life. Honestly, I don't regret not continuing college — now I feel like I have a purpose because I'm also inspiring others to consider this truck driving career path. If you have worked as a truck driver and want to share your story, email Aria Yang at ayang@insider.com.

Persons: —, Kiara Areli, would've, you'll, It's, I've, I'm, Aria Yang Organizations: Service, Amazon Locations: Chicago, Lockport, Lombard, Batavia , Illinois, Skokie , Illinois, ayang@insider.com

☆ My retirement savings have grown for 4 years straight thanks to a foolproof investing strategy I learned from 'Millionaire Teacher'
▼ + stars: | 2023-11-17 | by ( Alexis Rhiannon | Stephanie Hallett | Read More | ) www.businessinsider.com time to read: +7 min

I followed Hallam's advice and invested in index and bond funds, and my portfolio has grown consistently for four years. I keep a ratio of 70% stock funds and 30% bond funds, with an even split between international and domestic stocks. If stock market index funds are unsexy, then bonds are flat-out frumpy. Dips in the stock market. In a wildly volatile year, when the stock market is moving by 20% or more, you could absolutely get in more frequently to try to rebalance your ratios.

Persons: Andrew Hallam, —, I've, Andrew Hallam's, I'd, Hallam, they're, That's, Read, it's, Get Organizations: Service, SoFi, SEC Locations: foolproof, Hallam

☆ Snap employees say CEO Evan Spiegel is in his 'Elon era' and promoting a 'hardcore' work culture
▼ + stars: | 2023-11-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Evan Spiegel is having an "Elon moment," according to a report from the The Information citing staff. The 33-year-old Snap CEO is taking a hands-on approach and asking employees to work harder. Business Insider reported in October that staff in Snap's ad business are struggling with nitpicking and micromanagement. Several employees who left the company recently told The Information that Snap's 33-year-old cofounder and CEO Evan Spiegel is in his "Elon era" or "Elon moment," as he makes decisions emulating the billionaire's "hardcore" work culture at X — formerly Twitter. Snap's advertising business makes up a huge chunk of its revenue.

Persons: Evan Spiegel, Elon, —, Elon Musk, Spiegel hasn't, Musk, Spiegel, Nima Khajehnouri, Jeremi Gorman, Peter Naylor, Snap's, Jerry Hunter, we're Organizations: Business, Service, Employees, Santa Locations: Santa Monica

☆ When Your Age, and Everyone Else’s, Is Showing
▼ + stars: | 2023-10-28 | by ( Roxane Gay | More About Roxane Gay | ) www.nytimes.com time to read: +4 min

Just last week, he was giving “pointers” to some of our very seasoned directors, who in turn complained to me. So I have to ask, is there a professional way to tell someone they are too arrogant about their role within a company? I’m all for collaborative work environments, mentoring younger colleagues, and encouraging people to pursue their ambitions for advancement. This new policy feels like they don’t trust us, and it seems overkill to have to check in daily. Corporations often create busywork for one reason or another, and maybe they don’t trust you, but why do you care?

Persons: I’m, who’s, “, that’s Locations: Lane

☆ Opinion | Stop Micromanaging Halloween — Let Your Kids Be Free
▼ + stars: | 2023-10-25 | by ( Jessica Grose | ) www.nytimes.com time to read: +3 min

Yes, there’s international variation on these themes, which I’ve written about, and the authors of the commentary cite Finland, in particular, as a place where children still have a lot of autonomy. They theorize that a lack of independent activities negatively affects a child’s internal locus of control. When children aren’t allowed to do things on their own, they may have a weaker internal LOC, and that is “highly predictive” of certain levels of anxiety and depression. Which is that you’re taking away the opportunity for kids to have control over what they’re doing, “Because you are always controlling them. But one reason parents are overcontrolling is that they are worried about things like crime, bullying, inappropriate internet content and so on, and these things have their own negative effect on kids.

Persons: —, aren’t, ”, Peter Gray, They’re, ” Laurence Steinberg, “ Organizations: Boston College, Temple University Locations: Finland, United States

ARLINGTON, Texas (AP) — Bruce Bochy was home the past three Octobers, doing a little fishing and hitting a few golf balls after stepping away from a 25-year managerial career that included three World Series championships. Bochy is back in the dugout for the postseason in his first season with the Texas Rangers, whose general manager is one of his former pitchers who lured him out of his brief retirement. “I'm having the time of my life,” said the 68-year-old Bochy, who is going to his first American League Championship Series. Political Cartoons View All 1207 Images“You look at a man like Boch that's done it all in this game, that's been there, done that,” outfielder-designated hitter Robbie Grossman said. “He was a great manager in 2006 when I played for him, but the game has changed immensely since then,” Rangers GM Chris Young said.

Persons: — Bruce Bochy, Bochy, “ I'm, ”, that's, Robbie Grossman, “, He's, Dusty Baker, Chris Young, he's, Mitch Garver, —, Cy Young, Jacob deGrom, Max Scherzer, hasn't, “ It's, it's, ” Bochy, Josh Jung, ” Jung, Jonah Heim, There's, Young, I'm Organizations: Texas Rangers, American, Rangers, League, San Diego Padres, San Francisco Giants, Houston Astros, AL West, ” Rangers, Baltimore, Seattle, Nashville Locations: ARLINGTON , Texas, Tampa, Baltimore, North Texas, East Coast, Bochy

☆ The 3 best steps to take with an old 401(k), according to a money expert: 'Choose your own adventure'
▼ + stars: | 2023-09-29 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

That's about 25% of money in all 401(k) plans. Typically, as long as you have $5,000 invested in your employer's plan, you can leave it there when you leave. A 401(k) plan comes with limited investment options, and the ones in your old plan may not be very attractive. This makes a lot of sense for people who gravitate toward simple, passive investing strategies, which tend to be available in just about every 401(k) plan, says Betz. A 401(k) is just about always going to come with a limited menu of investment options, and maybe this one is full of high-fee, low-performing mutual funds.

Persons: switchers, that's, Jason Betz, it's, Yoav Zurel, Betz Organizations: Ameriprise, Employers

☆ ‘My Big Fat Greek Wedding 3’ Review: N’opa!
▼ + stars: | 2023-09-07 | by ( Amy Nicholson | ) www.nytimes.com time to read: +1 min

The story starts after the passing of Toula’s father, Gus, the patriarch played with grumbling affection by Michael Constantine, who died in 2021. Only six people remain in the village, and two of them are secretly dating — the series’s core trope remains a hushed romance. The oddest disposable gag comes when Toula blurts her sexual attraction to a mustachioed stranger (Alexis Georgoulis). The ancient Greeks wrote tragedy after tragedy warning against hubris. My Big Fat Greek Wedding 3Rated PG-13 for a suggestive scene on a nude beach with strategically placed slices of watermelon.

Persons: Gus, Michael Constantine, Toula, Alexis Georgoulis, Vardalos’s, Elena Kampouris, Voula, Martin Locations: Greece

☆ Vilda says Spain sacking 'unfair'
▼ + stars: | 2023-09-06 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

MADRID, Sept 6 (Reuters) - Former Spain's women's team coach Jorge Vilda said on Wednesday that he didn't expect to be fired by the country's football federation (RFEF), adding it was "unfair" and "undeserved" weeks after winning the Women's World Cup. The RFEF later announced it had appointed Montse Tome to succeed Vilda. Considered to be a close ally, Vilda applauded Rubiales when he refused to resign on Aug. 25 but later issued statements condemning his behaviour. The suspended RFEF president praised Vilda for the World Cup triumph in his speech and offered him a new four-year contract, increasing his annual salary to 500,000 euros ($536,000) from 160,000 euros. Their explanation was that of 'structural changes'," Vilda said about how he learned he was being sacked.

Persons: Spain's, Jorge Vilda, Vilda, Luis Rubiales, Jenni Hermoso, RFEF, Montse Tome, Cadena, Rubiales, Pedro Rocha, Danae Boronat, Fernando Kallas, Christian Radnedge Organizations: RFEF, FIFA, Spanish, Thomson Locations: MADRID, Spain

☆ Spain women's national team coach Vilda fired after kiss furore
▼ + stars: | 2023-09-05 | by ( Fernando Kallas | ) www.reuters.com time to read: +3 min

MADRID, Sept 5 (Reuters) - Spain's World Cup-winning women's team coach Jorge Vilda has been sacked, the country's football federation (RFEF) said on Tuesday 10 days after FIFA suspended its president for kissing national team player Jenni Hermoso on the mouth. "The coach has been key to the remarkable growth of women's football and leaves Spain as world champions and second in the FIFA rankings," the RFEF statement said. The furore involving Rubiales has quickly spiralled into a national debate over women's rights and sexist behaviour. Vilda and Luis de la Fuente, the men's national team manager, applauded Rubiales when he refused to resign on Aug. 25 but later issued statements condemning his behaviour. Spain's top 58 female players said they would not play for the national team under the existing leadership.

Persons: Jorge Vilda, Jenni Hermoso, Luis Rubiales, RFEF, Rubiales, Pedro Rocha, Rocha, Vilda, Danae Boronat, Spain's, ”, Luis de la Fuente, Fernando Kallas, Inti Landauro, Charlie Devereux, Christian Radnedge, Ken Ferris Organizations: FIFA, Reuters, Thomson Locations: MADRID, Spain, Spanish

☆ Spanish women's soccer team coach Jorge Vilda fired after kiss furor
▼ + stars: | 2023-09-05 | by ( ) www.cnbc.com time to read: +2 min

Jennifer Hermoso of Spain is congratulated by head coach Jorge Vilda after the team's victory in the FIFA Women's World Cup Australia & New Zealand 2023 Final match between Spain and England at Stadium Australia on August 20, 2023 in Sydney / Gadigal, Australia. Spain's football federation (RFEF) has sacked Jorge Vilda, the coach of its World Cup-winning women's team, the RFEF said on Tuesday, 10 days after FIFA suspended its president for kissing national team player Jenni Hermoso on the mouth. In a statement that did not mention Hermoso, Rubiales or the scandal, the RFEF thanked 42-year-old Vilda for his "extraordinary sporting legacy. The furore involving Rubiales has quickly spiraled into a national debate over women's rights and sexist behavior. Vilda and Luis de La Fuente, the men's national team manager, applauded Rubiales when he refused to resign on Aug. 25 but later issued statements condemning his behavior.

Persons: Jennifer Hermoso, Jorge Vilda, Jenni Hermoso, Luis Rubiales, Rubiales, Vilda, Danae Boronat, Spain's, Luis de La Fuente Organizations: FIFA, England, Australia Locations: Spain, New, Sydney, Gadigal, Australia

"It is the tip of the iceberg publicly of what we used to see privately," Veronica Boquete, who captained Spain at their first World Cup in 2015, told Reuters. In the case of football, the women's team's efforts to combat sexism and achieve parity with their male peers date back nearly a decade. Boquete led a mutiny seeking the resignation of coach Ignacio Quereda after a woeful performance at the 2015 World Cup, the only one his teams reached in nearly three decades. Quereda resigned in 2015 in a statement issued by the federation making no reference to the players' mutiny. Boronat, who interviewed Spain's leading female players for her book "Don't Call Them Girls, Call Them Footballers", said players accused Vilda of micromanaging, such as instructing senior players what to say in interviews.

Persons: Jennifer Hermoso, Jenni, Luis Rubiales, Jenni Hermoso, Veronica Boquete, Boquete, Ignacio Quereda, Quereda, Roser Serra, Mar Prieto, Prieto, Jorge Vilda, Danae Boronat, Spain's, Vilda, Berta Collado, Enrique Cerezo, Carlota Planas, Planas, Boronat, Fernando Kallas, Charlie Devereux, Emma Pinedo, Aislinn Laing, Andrew Cawthorne Organizations: Soccer Football, America, FC Barcelona, Estadio Azteca, Club America, FIFA, MADRID, Spanish, Spain, Reuters, Quereda, men's, Atletico Madrid, Unik Sports Management, Regional, Thomson Locations: Mexico City, Mexico, Spanish, Spain, Cerezo

☆ A millennial quit a job he loved rather than return to the office. Now he's making more money and working for bosses that don't suffer from 'productivity paranoia.'
▼ + stars: | 2023-08-24 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

The great remote work debateAs part of the war over remote work, employers and employees alike have debated whether or not a mandatory return-to-office policy actually works. With two kids at home, the flexibility of remote work — coupled with no commute — was a boon. The firms that are succeeding at remote work have saved money from giving up office leases and are making their employees feel happier along the way. "You're still in meetings, you're still engaged, but you're not under the thumb of somebody — not treated like a child." Have you quit over remote work, or are contemplating it?

Persons: Timothy Done, I've, you've, Sam Eitzen, Nicholas Bloom, Bloom, It's, Done, it's Organizations: Service, Workers, Stanford University, Federal Reserve Bank of New, Manufacturing Survey, Business, Survey, Microsoft, jkaplan Locations: Wall, Silicon, Egypt, Denver, Utah, It's, micromanagement

☆ 3 unexpected traits of bad bosses and signs of ‘dysfunction,’ according to a workplace expert
▼ + stars: | 2023-08-16 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

Bad bosses have always existed in the workplace — they are typically known as the toxic bully, who is overly demanding and critical. But there are three traits that are unexpected and more insidious, according to one workplace expert. But there are traits of bad bosses that are unexpected and more insidious, according to Kevin Legg, the founder of Sage, a company that helps design and develop training curriculums at work. A leader who talks a bit too much during meetings can be a bit irritating for sure, but … there are worse traits a boss can have, right?" "Some employees may embrace friendliness and start thinking they are 'mates,' which will make difficult decisions and requests harder [for bosses]," Legg added.

Persons: Kevin Legg, Sage, Legg, undermanaging, Lee, you've Organizations: Employees

☆ I'm a former senior leader at Amazon and working in the office made me better at my job. The bottom line is if you're fully remote you're missing out.
▼ + stars: | 2023-08-10 | by ( Brandon Southern | ) www.businessinsider.com time to read: +8 min

But in order to fully benefit from in-office work, young-tenured employees also need experienced employees to work in the office as well. Now before the pitchforks come for me, I'm 100% supportive of remote work and I'm fully supportive of employee flexibility and all the great things that come with working remotely. But while many people talk about the benefits of remote work, few talk about its consequences. I've witnessed frequent situations where team members are reinventing the wheel due to reduced communication related to remote work. As a leader, my job is to create opportunities for team members to succeed, but also to be challenged.

Persons: Brandon Southern, I've, It's, — Organizations: eBay, GameStop

☆ Around 20% of workers are losing out on sleep because of newbie managers, survey finds
▼ + stars: | 2023-07-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Workers are getting poor sleep because of rookie managers with little training, a new survey found. Over a third of workers have been tempted to quit because of the new manager, per the survey. This is because companies often promote senior employees to managerial roles with little training. And, one in five workers said their sleep quality also suffered as a result. He added that IQ is less important than emotional intelligence, especially because young managers feel they have to be "the cleverest person in the room."

Persons: —, they've, Linda Hill, I've, René Carayol Organizations: Service, Privacy, Employees, Life Labs, Harris Research, Bloomberg, Harvard Business Locations: Wall, Silicon, —

☆ Elon Musk Hasn't Killed Twitter, He's Just Made It Irrelevant
▼ + stars: | 2023-07-12 | by ( Linette Lopez | ) www.businessinsider.com time to read: +13 min

It's been less than a year since he bought it, and Elon Musk's Twitter is already well on its way to suffering a fate worse than death — irrelevance. How you do a turnaroundIn the early days of Musk's Twitter takeover, I told you he was overpaying for the company. Unfortunately for Twitter, Musk is not a traditional turnaround guy. Maybe, to Musk, that's a crusade worth sacrificing the very thing that makes Twitter special. Maybe this is the site Musk wanted in the first place.

Persons: It's, Elon, irrelevance, Musk, Ron DeSantis, Rihanna, Mark Zuckerberg's Meta, Alexandria Ocasio, Cortez, Jennifer Lopez, Steph Curry, Donald Trump's, he's, tweeting, Vicki Bryan, Bond Angle, Goldman Sachs, Twitter hadn't, Linda Yaccarino, That's, Bryan, Morgan Stanley, what's, Jack Dorsey, —, Instagram, Lina Khan, hasn't, Meta, Zuckerberg, he'll, Linette Lopez Organizations: Elon Musk's Twitter, Gov, Twitter, Super, Metropolitan Transportation Authority, MTA, Oracle, Google, Fidelity, Wall Street, Pew Research, Pew, Federal Trade Commission, Meta Locations: Florida, Alexandria, New York

☆ Their parents made China the world's factory. Can the kids save the family business?
▼ + stars: | 2023-06-19 | by ( David Kirton | ) www.reuters.com time to read: +9 min

Du, like tens of thousands of other young Chinese factory bosses, is inheriting a basic manufacturing business that can no longer rely on the labour-intensive model that made China the world's largest exporter of goods. Those skills would come in handy in a factory the Chinese state set up in 1951 and privatised in 2002. Like five of the other chang er dai who spoke to Reuters, Zhang never planned to take over the factory. Chang er dai, however, help lift the bottom, which is also important for preserving China's share of world manufacturing, two industry experts told Reuters. Not all chang er dai will get there.

Persons: Steven Du, Du, Zhang Zhipeng, Mao Zedong's, Du said, Zhang, Zhang Zeqing, Chang, Zhou Yuxiang, Tian Weihua, Tian, Zhang Ying, David Kirton, Marius Zaharia, David Crawshaw Organizations: Shenzhen Research Institute of High, Reuters, Apple, Agricultural Products, Lake Technologies, Science, Technology Innovation Research Institute, University of Arts, Workers, Thomson Locations: RUICHANG, China, Shanghai, Southeast Asia, India, New Zealand, United States, TW, Wisconsin, Ruichang, France, London, Ningbo

☆ I moved from the US to Sweden after struggling with burnout. Now I have 6 weeks of paid vacation per year and rarely work overtime.
▼ + stars: | 2023-05-30 | by ( Hannah Towey | ) www.businessinsider.com time to read: +11 min

Now she rarely works overtime, gets six weeks of paid vacation a year, and got a free master's. In Sweden, if you work late, your boss might flag that your workload is too high, or that you're not capable enough to do your work within work hours. His company sponsored both of our residencies and work visas, so we had the ability to live and work in Sweden full time. I get six weeks of paid vacation every year and I use it allSweden's Annual Leave Act gives workers the legal right to take at least four weeks of consecutive paid vacation between the months of June and August. My company gives us six weeks of paid vacation per year, and I take all of it.

☆ Elon Musk just told Tesla staff he wants to personally approve all new hires. Here's a look into his management style at Twitter, Tesla, and SpaceX over the years.
▼ + stars: | 2023-05-16 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Elon Musk told Tesla staff in an email that he wants to personally sign off on all new hires. Here's a closer look at Musk's unconventional style of management and leadership at Twitter, Tesla, and SpaceX. Musk told Tesla staff in the memo that he wants to personally approve all new hires. But in 2018, current and former Tesla employees told CNBC that Musk's micromanagement cost the company time and money. The same year, Tesla employees told Insider that Musk could be demanding and unpredictable.

☆ Warren Buffett's 'secret sauce' for investing success: Be 'business pickers' not 'stock pickers'
▼ + stars: | 2023-03-01 | by ( Mike Winters | ) www.cnbc.com time to read: +5 min

Berkshire Hathaway founder Warren Buffett — one of the most successful investors in the world — says he and vice chairman Charlie Munger are not "stock pickers; we are business pickers." "We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business," Buffett wrote in a 1989 shareholder letter. When a stock price seems low compared to the company's value, that's an opportunity to buy. But that doesn't mean that Buffett and Munger seek out the best bargains based on the stock price alone. You're investing in the business long-term, not just the stock price at the time of purchase.

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