Buoyed in part by a strong stock market and generous tax cuts courtesy Donald Trump and the Republicans, the 400 wealthiest Americans delivered a record-breaking year.
The race is on to become the world’s first trillion-dollar company, with all eyes fixed on tech giants such as Apple, Amazon, Facebook and Alphabet, the parent company of Google.
Well-educated, high profile CEOs sometimes become synonymous with their companies.
Steve Jobs and Apple, Mark Zuckerberg and Facebook, and Jeff Bezos and Amazon. It’s hard to separate the man from the operation.
However, investing in a company simply based on its leadership might not be the best strategy, according to Warren Buffett.