Warren Buffett, the “Oracle of Omaha,” is known for his advice on investing and leadership. At 95 years old, he’s preparing to hand over Berkshire Hathaway to incoming CEO Greg Abel, inspired by his late business partner Charlie Munger who led the company until 99.

Buffett values experienced managers, believing their track records of sound decision-making and institutional memory are crucial. He emphasizes the importance of leaders who have navigated market cycles and can grow and protect a business through ups and downs, aligning with his leadership style of trust and autonomy.

Buffett’s philosophy is about investing in people as much as businesses. He looks for seasoned leaders who offer stability and predictability, reflecting the durable competitive advantages he seeks in Berkshire holdings. He humorously suggests that to work for him, one should employ tactics like a 76-year-old persuading a 25-year-old to marry him by claiming he’s 86.

Read more at Yahoo Finance: Want to Work for Warren Buffett? Just ‘Employ the Tactic of the 76-Year-Old Who Persuaded a Dazzling Beauty of 25 to Marry Him’