flynn065

Warren Buffett, Chairman and CEO of Berkshire Hathaway, has inspired many investors and leaders alike over the last fifty plus years. Besides his investment acumen, I love his uncommon business sense, humility, humor, optimism and a healthy dose of candor. He isn't one to shy away from voicing his two cents and giving direct advice. I am always looking forward to reading his legendary annual letters and when I am too busy, I still end up reading the synopsis. Washington Post has provided a concise overview of the 2014 Buffett annual letter , which has so many key points on what makes great leaders . It's not often that a great leader accepts his mistakes openly and humbly in an open letter. In this fiftieth edition of the annual letter, this is exactly what Warren Buffett did. He goes at lengths about some of his biggest professional mistakes he ever made during his storied 50 years at Berkshire Hathaway. Bottom line: Admit your mistakes and stay humble Buffett ...