Yangzijiang Shipbuilding (Holdings)

[freedom]

I don't think Warren Buffett means that business can't be run by idiots are business not worth investing. Most of Warren Buffett's invested business can't be run by idiots. e.g. Coca Cola. If you look at the history of Coca Cola, there was time that it was very badly run(check New Coke). So are many of its insurance business.