Profit Is Less About Good Management than You Think, non-human assets — i.e., their moats — were ultimately more important to firms than human assets

Profit Is Less About Good Management than You Think, non-human assets — i.e., their moats — were ultimately more important to firms than human assets   Benjamin Graham, the father of value investing, seldom met the managers of the companies he invested in because he felt they would tell him only what they wished him to…