3 Traits Buffett Looks For When Hiring

Warren Buffett is one of the most successful men in the investing world right now. In fact, he is the top investor in the world. And, while you can learn much from reading the Berkshire Hathaway annual shareholder letters, from watching interviews with the Oracle of Omaha, going through his biography, and reading this blog, one of the best ways to learn is from the Oracle of Omaha himself. In fact, that’s exactly what Buffett himself did—he got a job with his idol and mentor, Benjamin Graham.

However, if your life goal is to be hired by Warren Buffett, then in addition to having the basic skills needed, there are three main traits that Buffett always looks for in those he hires:

1. You must have intelligence

This might seem a bit misleading, as you don’t have to be a genius for Buffett to consider you; you just must have the capacity to do the job. Buffett has stated multiple times that being the smartest person in the room doesn’t mean that you’re any good at investing. That’s not what it’s all about.

“You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ,” Buffett said.

2. You must have energy

Buffett looks for people with initiative and drive. He doesn’t want someone who is going to just sit back for the ride, or use Berkshire as a resume-padder. He instead wants someone who is going to make things happen, and has the same entrepreneurial spirit that the Oracle of Omaha has.

“Do what you would do for free. Having passion for what you do is the most important thing,” Buffett said.

3. You must have integrity

This last is easily the hardest to measure and the most important. Buffett requires people he works with to have integrity, because without it, you can’t really trust a person, and without trust you really don’t have anything.

“If you hire somebody without [integrity], you really want them to be dumb and lazy,” Buffett joked.

One Comment

Leave a Reply

Your email address will not be published. Required fields are marked *