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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: Goofyhoofy ✸🐝 HONORARY
SHREWD   😊 😞
Number: of 15058 
Subject: Re: What he said
Date: 03/30/2023 8:49 AM
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I'm guessing, Goofy, that you're writing is meant to suggest you would be going solidly with A. If not, then you want to hire by the same criterion that Buffett talks about, but you would also like to virtue signal that you care about diversity?

No, and I cannot believe I have to explain in this granularity.

'Competence' is not a statistically verifiable commodity ahead of time . If you interview five people you may find three who you think competent. Unless there is one who is an absolute standout, for whatever reason, then consider other factors such as background, life experience, and so on.

If you have a Rorschach test which will guarantee 'competence' ahead of time, you will make a bazillion trillion, otherwise you're simply avoiding the issue because you find it uncomfortable to confront, for some reason.

I am not saying 'hire less competence.' I am saying 'widen your view, competence comes in many flavors, some outside your own life experience.'
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