Readings‎ > ‎

Becoming Your Customer’s Best Friend

posted Jun 8, 2016, 2:32 AM by Chaitanya Patel   [ updated Jun 8, 2016, 2:32 AM ]
  1. Provide the best possible value to the customers, excellent quality products at the lowest possible prices.
  2. Pay good wages and provide good benefits, including health insurance to employees.
  3. Maintain honest business practices.
  4. Make money for investors.
Learning: 
  1. See the world through the eyes of the customer, 
  2. Make reasonable return on their capital
In this way and many others, the life of Sol Price reinforces the truth of Munger’s philosophy for living a more effective life: 

“Take a simple idea, and take it seriously.”