She learned from Buffet in steps, cumulatively building a foundation of managerial and financial capability. Buffet would show up at board meetings with stacks of annual reports from a wide range of companies, giving Graham homework assignments to read them and build her business acumen. Graham dutifully did her homework, and then she and Buffet would sit down to discuss and glean insights about the ingredients of business performance. Then, at the next board meeting, Buffett would drop another stack of annual reports in Grahamâs lap, and theyâd repeat the process. Step by step, Graham built a foundation of financial competence and managerial excellence under the tutelage of her mentor. Keep in mind, she did this long before Buffett had become well known to the world as the Oracle of Omaha. She simply followed her encoded operating mode of getting the right people around her, learning from them, and then deploying that learning to great effect.