People come in different shades, and managers are people.
Here are three different types of management (there may be more, but let’s go with these three for now), and my thoughts on how you may want to deal with them when it comes to investing in the businesses they manage.
Most of us overlook the human aspect of operating a business, yet, in most cases, the future success of a business is directly tied to the quality of the people managing its affairs.
Uday Nath says
Nice one!
🙂
Bhagavan K says
Is it possible to provide some past examples of these category of Managements, so that we can relate better? Thanks
Datta says
Nice illustration Vishal. Will keep this in mind while evaluating businesses.
Ramen says
Very knowledgeable post. Thank your for this
Kuntal Dutta says
How to analyze management quality of a business for a small value investor ?
Vijay W says
Good crisp ready reckoner, Vishal!
Edward Lee says
Well Say..
Sarabjeet says
Interesting.
Could you share any case study on the 3 category types.
Regards
Santhosh Sundararaman says
Thanks Vishal. Can you please share a few indicators that investors can/should look for to help identify what type a given management is? Perhaps another blog in itself 🙂
Aadhavan Ashwath says
The exact thought I had, how do we objectively identify these 3
Ambuj Agrawal says
I know taking names is difficult, especially in public domain. But please see if you could give some examples. Would greatly help all your readers in being able to assess better.
Jamnadas Gajera says
Thanks. Same opinion as Ambuj Agrawal says.
rajashekaran says
Thanks for reminding Vishal.
Shankha Subhra Nag says
Interesting post indeed. But how can a retail investor classify the management? Can you please help?
I am reading your posts for some time. These are interesting, insightful, and shares wisdom of a value investor in you. Have you ever thought of compiling these in a book. Would be a great idea I think.
Akash Sawant says
Hi Sir,
I’m a young researcher & wish to follow the path of legendary investors like W. Buffet, C. Munger etc. I have just started with my investment journey. I really love the content you share on this platform. It helps to refine perspective to look at things, real life events & companies & many more. Your shared thoughts, valuable experience is really helping me a lot in my journey. We need more people like you. I’m grateful to you.
Sunil Shah says
As usual Vishal – simple, crisp and so very relevant…. Just the difference between a top Bank and say a PMC Bank.. Quality of mgt.
Krunal Shah says
Not the best of your blogs. Usually they are enlightening and comprehensive. However, gradually they are becoming very frequent, basic and redundant.
SORRY for being critical but this is my honest opinion. I love reading your blogs and will continue to do so in future.
Sorry again.