and while I was a good entrepreneur, where I…
and while I was a good entrepreneur, where I made my real money was picking the right people to back in business and then sup-porting them any way I could."
— from Leadership & Business (Leadership/Business) · Holy Grail of Investing: The World's Greatest Investors Reveal Their Ultimate Strategies f
In the book
I'll tell you where I actually made my money. I was a decent entrepreneur, but where I did best was picking the right people to back and then supporting them every way I could. People are the asset. […] Invest with a margin of safety, and never for the line you won't cross. Don't lose money; respect cycles; approach every deal humbly; keep your ethics spotless. Back the right people and support them. That, more than any deal, is where the real return lives. Build to outlast yourself. Plan like Sun Tzu; lead like Lao Tzu; leave something that flies for a thousand years. — Leadership & Business (Leadership/Business)