{"id":45,"date":"2011-03-16T19:45:00","date_gmt":"2011-03-16T19:45:00","guid":{"rendered":"http:\/\/www.guythomas.org.uk\/blog\/?p=45"},"modified":"2022-06-03T13:20:00","modified_gmt":"2022-06-03T13:20:00","slug":"meeting-management","status":"publish","type":"post","link":"https:\/\/www.guythomas.org.uk\/blog\/meeting-management\/","title":{"rendered":"Meeting management"},"content":{"rendered":"\n<p>The investors in&nbsp;<em>Free Capital<\/em>&nbsp;have divergent views on the value of meeting company management.&nbsp;<\/p>\n\n\n\n<p>Bill (Chapter 3) :&nbsp;<em>\u201cI never visit companies, hardly ever go to an AGM, and speak to hardly anyone.\u201d<\/em><\/p>\n\n\n\n<p>Sushil (Chapter 5<em>)&nbsp;<\/em>:<em>&nbsp;\u201c\u2026the relevant question for me is whether, say, six hours spent on a meeting with one company I already own \u2026is more useful than, say, half an hour looking at each of 12 possible new investments.\u201d<\/em><\/p>\n\n\n\n<p>Eric (Chapter 8) :<em>&nbsp;\u201c\u2026social interactions with company directors and other investors and contacts are the primary source of [his] edge.\u201d<\/em><\/p>\n\n\n\n<p>There\u2019s a succinct rationalisation of Bill\u2019s \u201cno meetings\u201d philosophy in a recent CNBC&nbsp;<a href=\"https:\/\/web.archive.org\/web\/20191226082634\/http:\/\/www.cnbc.com\/id\/41873444\/\">interview<\/a>&nbsp;with Warren Buffett:<\/p>\n\n\n\n<p><em>\u201cIn fact, they call me &#8211; some of the things we own, they call me and they want to come from thousands of miles away to talk to me. And I say listen,&nbsp;<strong>if I need to talk to you, I shouldn&#8217;t own your stock.<\/strong>&nbsp;I mean, I don&#8217;t &#8211; I don&#8217;t need to be schmoozed, you know?\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The investors in&nbsp;Free Capital&nbsp;have divergent views on the value of meeting company management.&nbsp; Bill (Chapter 3) :&nbsp;\u201cI never visit companies, hardly ever go to an AGM, and speak to hardly anyone.\u201d Sushil (Chapter 5)&nbsp;:&nbsp;\u201c\u2026the relevant question for me is whether, say, six hours spent on a meeting with one company I already own \u2026is more &#8230; <a title=\"Meeting management\" class=\"read-more\" href=\"https:\/\/www.guythomas.org.uk\/blog\/meeting-management\/\" aria-label=\"More on Meeting management\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.guythomas.org.uk\/blog\/wp-json\/wp\/v2\/posts\/45","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.guythomas.org.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.guythomas.org.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.guythomas.org.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.guythomas.org.uk\/blog\/wp-json\/wp\/v2\/comments?post=45"}],"version-history":[{"count":1,"href":"https:\/\/www.guythomas.org.uk\/blog\/wp-json\/wp\/v2\/posts\/45\/revisions"}],"predecessor-version":[{"id":46,"href":"https:\/\/www.guythomas.org.uk\/blog\/wp-json\/wp\/v2\/posts\/45\/revisions\/46"}],"wp:attachment":[{"href":"https:\/\/www.guythomas.org.uk\/blog\/wp-json\/wp\/v2\/media?parent=45"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.guythomas.org.uk\/blog\/wp-json\/wp\/v2\/categories?post=45"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.guythomas.org.uk\/blog\/wp-json\/wp\/v2\/tags?post=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}