What should investors look for when trying to find great companies that they can own for decades? Ron Baron (Trades, Portfolio) thinks the place to start is management.
Baron wants managers who are risk averse, but are also willing to make long term investments at the expense of current earnings.
With David Einhorn (Trades, Portfolio) recently revealing his short position in Amazon (AMZN), Baron's comments on sacrificing short term profits for long term excellence is interesting.
