01/03/24
No matter how many times you praise your kids for excellence they will always remember the one time you yelled at them for not cleaning their room. – Dad #Family
Category
Wastes of Lean (Six Sigma) which hamper operational excellence:
Elon Musk calls it “the algorithm,” a distillation of lessons learned while relentlessly increasing production capacity at Tesla’s Nevada and Fremont factories.
“Warren, forget about ever buying another company like Berkshire. But now that you control Berkshire, add to it wonderful businesses purchased at fair prices and give up buying fair businesses at wonderful prices.” – Charlie Munger to Warren Buffet in 1965 upon buying Berkshire Hathaway #Business