mikazo Posted February 16, 2012 Share Posted February 16, 2012 Hi everyone, It's my first post here, so I'd just like to start off by saying hello and that I look forward to some interesting discussions on this message board. I'm a new student of the school of Buffett thought when it comes to investing (I'm only 23), and I'm considering my first real Buffett-style stock purchase. I've owned individual stocks before, but have not completed as thorough an analysis as I'm beginning to do now. I've done the financial statement and valuation portions of a stock that I'm considering, but what I'm now having trouble with is how to assess the quality of management that is running the company. I've read through some annual reports, read some proxy statements, and some investor pamphlets and documents. However, the latter two documents are filled with charts proclaiming the company's bright past and bright future, and the former two are more about the company than the individuals that run it. I've thought of trying to listen to some audio recordings of past conference calls, but haven't had the time lately. Google has revealed little on this subject, so my questions are: How do you, as an individual investor, assess the quality and character of management of a public company? Do you have a process or checklist? Other than actions taken by the company, is there any other way to judge the character of the CEO and other management? Thanks very much, and good luck in your endeavours. Link to comment Share on other sites More sharing options...
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