"For the past 25 years, Lawrence Cunningham has written books, articles, and essays about Warren Buffett and Berkshire Hathaway, contributing to the vast quantity of literature on the subject. In recent years his writings have focused more on the key takeaways for other business leaders. This...

The freedom to make contracts is a liberating feature of commercial life, yet too often contracts turn into tyranny, when haggling over fine print makes two sides mis-trust each other. This problem, and some solutions, are explored in this chapter from Margin of Trust: The Berkshire Business...