“Price is what you pay. Value is what you get.” – Warren Edward Buffett; With these words Mr. Warren Buffett an American investor and the CEO and largest shareholder of Berkshire Hathaway, is said to be one of the most successful investor on the 20th Century. There are many aspects of Mr. Buffett’s life that makes him one of the most influential and a great leader for our time. As a great leader the Wizard of Omaha has taken a “hands off” management style which is very similar to Laissez-Fraire leader(67, Practicing Leadership), very delegative leadership that has often lead to low productivity levels but in this case the approach has worked extremely well for Mr. Buffett. His second style of leadership is that his followers have complete faith in him and his honesty towards their business decisions. His third effective leadership style is that he is loyal to his fellow customers and his last would be his ways of profitability, since when he was eleven years young.
Totaling around up to $50 Billion in total assets in 2011, Mr. Buffett is one of the world’s richest mend. The majority of his wealth comes through his company Berkshire Hathaway, a corporation holding company that is headquartered in his native Omaha, Nebraska. His philosophical view of value investing and prudence has influenced many investors worldwide. If we can define a great leader with ability to influence others around him, then there is no one other in U.S. business like the man Warren Buffett. Many say that he is the greatest trusted leader in corporate world today. Along with his pal Bill Gates, which in fact he donated 83% of his fortune to the Bill and Melinda Gates foundation, they both spoke at Columbia University telling the students that there was no other better place to invest than in the United States The Wall Street Journal reported. In Buffett’s case, however, this often criticized leadership style has proven positive effects, by allowing his...
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