Nicknamed the "Oracle of Omaha", Buffett has amassed an enormous fortune from astute investments, particularly through his company Berkshire Hathaway, in which he holds a greater than 31% stake. Warren Buffet adapted Einstein's equation for the theory of relativity
E = MC**2
For Buffett, the success of a business can be predicted from this equation, with changes to what the variables stand for
E = earnings, the lifeblood of a business.
M = management capability.
C = character of the management. Squared.
The emphasis was on “C squared". No matter how skilled the management of a company is, the character of the business leaders is even more important for long-term success.
Warren Buffet's Letters to shareholders
http://www.berkshirehathaway.com/letters/letters.html
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