When you have a superstar employee, how do you not end up working for him?

Bloomberg Businessweek reports:

In a 2009 study titled "Should Investors Bet on the Jockey or the Horse?" in The Journal of Finance, Steven Kaplan, an expert on executive compensation at the University of Chicago Booth School of Business, found that the answer, generally, is the horse. "In most businesses, what you find is that the core attribute is not the people, it's the business," he says. "Warren Buffett has a famous saying, which I think is supported by the data: 'When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.'"