--- title: "Meaning & Key Takeaway of: The typical large company has a…" description: "\"The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.\" — Warren Buffett" image: "https://sms4smile.com/quotes/i/7a2/warren-buffett-183_business_the-typical-large-company-has-a-compensa_2283228.png" --- # The typical large company has a compensation committee… ![“The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.” quote by Warren Buffett](https://sms4smile.com/quotes/i/7a2/warren-buffett-183_business_the-typical-large-company-has-a-compensa_2283228.png) [Download](https://sms4smile.com/quotes/i/7a2/warren-buffett-183_business_the-typical-large-company-has-a-compensa_2283228.png) [Open image](https://sms4smile.com/quotes/i/7a2/warren-buffett-183_business_the-typical-large-company-has-a-compensa_2283228.png) > “The typical large company has a compensation committee, They don't look for Dobermans on that committee, they look for chihuahuas.” [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Large firms often choose risk‑averse, small‑scale leaders over aggressive, large‑scale ones for compensation oversight. **In simple terms:** Companies pick cautious, small leaders for pay committees. Key Takeaway Value prudence in oversight. Themes corporate governance risk management leadership Mood analytical critical Type business advice When to use this quote - board selection - executive pay design - risk assessment Key Concepts agency theory behavioral finance Questions to Reflect On - Why prefer caution over boldness? - How does leader size affect decision quality? A Different Perspective Small leaders may lack bold vision. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Chihuahua](https://sms4smile.com/quotes/about/chihuahua/) [Chihuahuas](https://sms4smile.com/quotes/about/chihuahuas-1258212/) [Committees](https://sms4smile.com/quotes/about/committees/) [Company](https://sms4smile.com/quotes/about/company/) [Compensation](https://sms4smile.com/quotes/about/compensation/) [Compensation Committee](https://sms4smile.com/quotes/about/compensation-committee-5336862/) [Dobermans](https://sms4smile.com/quotes/about/dobermans/) [Dobermans Committee](https://sms4smile.com/quotes/about/dobermans-committee-5336861/) [Large companies](https://sms4smile.com/quotes/about/large-companies/) [Large Company](https://sms4smile.com/quotes/about/large-company-1358830/) [Look Chihuahuas](https://sms4smile.com/quotes/about/look-chihuahuas-5336863/) [Looks](https://sms4smile.com/quotes/about/looks/) [Typical](https://sms4smile.com/quotes/about/typical/) ## Related quotes > [I think you can directly link chihuahuas to Dow Jones.](https://sms4smile.com/quotes/cheech-marin/i-think-you-can-directly-link-chihuahuas-to-dow-jones/) [Cheech Marin](https://sms4smile.com/quotes/author/cheech-marin/) > [It seems like all the good looking people have smaller dogs these days. 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