Warren Buffet - I'm offering you a job. You can start Monday.
I am on my my knees right now. No, get your mind out of the gutter. What I just read made me fall off my chair. Really. Hmm.. typing from down here lets you notice different things....I need to dust off my desk...
All right. Back on my chair.
Warren Buffet just admitted what I’ve been shouting for the last, what, umpteen years! He now says that “brand is the most important factor in deciding where to invest.” Not kind of important. Not vital. The MOST IMPORTANT factor.
For all your Wall Street numbers people hyperventilating out there, Mr. Buffet did say that a company’s balance sheet was important. Yup, it's in third place, just behind management.
Mr. Buffet, you’re supposed to be the epitome of left-brained, number-crunching, where’s-my-ROI, numbers people. I know - I’ve presented proposals to them. They all recite in unison what they learned in business school. “I don’t need to brand my company. I know who we are - I need ROI for my marketing dollars.” Sound familiar? They say “Give me a spreadsheet showing itemized sales increases from your past clients, and then we’ll talk.”
Warren also added “Even in hard times, brand is the key to long-term growth.... And that’s why businesses are in trouble – while of course fixing their balance sheets and clearing out their management teams – they must also urgently invest in their brands.”
I feel like David Letterman - staring at the camera in expasparation while the studio audience snickers. Like when he interviewed Joaquim Phoenix: http://bit.ly/4ZnN6
I must say, Warren, you are now the smartest investor since the word was first added to the dictionary. I need someone sensible you to speak to my clients. I am officially offering you a job at my company. Your new title is “Spiritual Account Director.” You can start Monday. Good luck negotiating your salary with my HR people - they’re tough as nails.

