A lot of people think if you just had more process and more...

A lot of people think if you just had more process and more compliance -- checks and doublechecks and so forth -- you could create a better result in the world. Well, Berkshire has had practically no process. We had hardly any internal auditing until they forced it on us. We just try to operate in a seamless web of deserved trust and be careful whom we trust.

Charlie Munger Quote About Thinking, People, Trying: A Lot Of People Think...

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