netnet Posted May 28, 2015 Share Posted May 28, 2015 This is just a thought experiment (or maybe a dive philosophy or maybe a hair splitting spitting match). Would you consider the young Buffett teamed with Munger a competitive advantage to the level of being a moat? (or more properly is any truly excellent management a competitive advantage to the level of being a moat?) Given that they are not replicable why are they not a moat when Google's algorithms are? Link to comment Share on other sites More sharing options...
Jurgis Posted May 28, 2015 Share Posted May 28, 2015 I believe Buffett (currently with or without Munger - sorry, Charlie!) is a moat. That's why I have said that I'll very likely sell my BRK position when he dies. ( Edit: reference to a thread: http://www.cornerofberkshireandfairfax.ca/forum/berkshire-hathaway/when-buffett-is-gone-whither-brk%27s-intrinsic-value/ ) Link to comment Share on other sites More sharing options...
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