Management Quote by Warren Buffett
“Managers that always promise to 'make the numbers' will at some point be tempted to make up the numbers.”
About This Quote
Source Interview: CNBC, “The Secrets of Successful Investing”, 2018
Managers who promise unrealistic results may fabricate data to meet targets.
In simple terms: Beware of false promises.
Demand transparency.
Themes
Mood
Type
When to use this quote
- budget reviews
- performance meetings
- audit processes
Key Concepts
Questions to Reflect On
- How do you verify reported numbers?
- What controls prevent data manipulation?
Short‑term gains can erode long‑term trust.