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Corporations Quote by Warren Buffett

“I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.” quote by Warren Buffett
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“I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.”

Warren Buffett

About This Quote

Source Interview: CNBC, 2008

Buffett questions that Hank Paulson’s appointment was ill‑timed despite his expertise and patriotism.

In simple terms: Paulson was a good fit but chosen at the wrong moment.

Key Takeaway

Beware timing when assigning leaders.

Themes

leadership timing expertise politics risk

Mood

cautious analytical

Type

advisory political

When to use this quote

  • financial crisis
  • government appointments
  • policy decisions

Key Concepts

Corporate governance public service conflict of interest

Questions to Reflect On

  • How does timing affect leadership effectiveness?
  • What safeguards can prevent misaligned appointments?
A Different Perspective

Even skilled leaders can falter if circumstances are unfavorable.

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