In the last post, we looked at a book entitled “See’s Famous Old Time Candies”. In this post, we will look at what Warren Buffett saw in See’s Candies that made him buy the company lock, stock, and barrel back in 1972.
In the preface of the book, Warren Buffett wrote that, “We discovered that we had purchased a company that held itself to a high standard of business ethics – product quality, service integrity, and the right sort of relationships with employees and suppliers. See’s Candies became our model for investment in other quality companies.”. The reasons behind See’s sustained success include its people and its products. He quipped that, “No one has matched our product, and our people are devoted to the proposition that no one will ever match our service, either”.
See’s is very stringent when it comes to quality. The Quality Assurance team runs lots ......
In the last post, we looked at a book entitled “See’s Famous Old Time Candies”. In this post, we will look at what Warren Buffett saw in See’s Candies that made him buy the company lock, stock, and barrel back in 1972.
In the preface of the book, Warren Buffett wrote that, “We discovered that we had purchased a company that held itself to a high standard of business ethics – product quality, service integrity, and the right sort of relationships with employees and suppliers. See’s Candies became our model for investment in other quality companies.”. The reasons behind See’s sustained success include its people and its products. He quipped that, “No one has matched our product, and our people are devoted to the proposition that no one will ever match our service, either”.
See’s is very stringent when it comes to quality. The Quality Assurance team runs lots ......
