Warren Buffet vs. Elon Musk on Moats, Competitive Strength and Defensibility (Asia Tech Strategy – Daily Update)

On a 2018 earnings call, Elon Musk said he disagreed with one of Warren Buffett’s core investment principles — that companies should use strategic “moats” to disengage with competitors. “If your only defense against invading armies is a moat, you will not last long,” Musk said. “What matters is the pace of innovation — that […]

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