Wednesday, March 20, 2013

Warren Buffett on Innovation

A great interview, with some good nuggets.

“The pace of change in terms of what customers are doing, how they pay us, how they come to us – it’s breathtaking,” said Buffett. “Any company that interacts with consumers and thinks that last week’s technology and approach is going to work five years from now is probably making a mistake.”

Wait till you hear what he says about Jeff Bezos.