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‘Good Jockeys Will Do Well on Good Horses, But Not on Broken-Down Nags’: Warren Buffett Warns Even the Best Leaders Can’t Fix Bad Businesses

Summary by Barchart.com
Warren Buffett’s analogy of jockeys and horses underscores the primacy of strong businesses over management skill alone in long-term success.
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Barchart.com broke the news in on Thursday, October 2, 2025.
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