This is part 3 on building digital moats. You need to build at two levels: Moats and structural advantages. That’s Warren Buffett land Operating performance. Elon Musk’s crazy pace is a good symbol for this. —–Transcript Below
Tag Archives: Warren Buffett
My Visit to Warren Buffett’s Specialty Ecommerce Biz Oriental Trading Company (Tech Strategy)
Oriental Trading Company is a successful business that has been around for over 50 years. And has now become a clever specialty ecommerce business. Digital strategy consultant Jeffrey Towson summarizes what he learned on his visit.
The company focuses on quality products, low prices, and a large selection.
Lessons in Competitive Advantage from My Visit to Warren Buffett’s Nebraska Furniture Mart (Tech Strategy)
Nebraska Furniture Mart (NFM) is one of Warren Buffett’s largest retail ventures. Its strong business model and consumer offerings provide valuable lessons in competitive advantage. Additionally, NFM’s strategic location in Omaha contributes to its success.
Lessons in Competitive Advantage from My Visit to Warren Buffett’s Borsheims Jewelry (Tech Strategy)
This article dives into the world of Warren Buffett’s Omaha businesses, exploring the secrets to their competitive advantage. By visiting these businesses, the author uncovers valuable insights into Buffett’s investment philosophy and the factors that contribute to a company’s long-term success. The article highlights the importance of competitive advantage in Buffett’s business selection process, emphasizing that every business he acquires possesses a unique edge in its respective market.
3 Warren Buffet Tricks for Becoming a Better Person (Tech Strategy)
Several years ago, I took some Peking University students for a Q&A with Warren Buffett in Omaha (see write-up here). And one of the most interesting parts of the visit was his comments on how to be a better person. And on the importance of becoming the best version of yourself. I thought I would […]
Valuation Like Warren Buffett in 1 Slide (Tech Strategy – Daily Article)
I have mentioned a few times on the podcast that I use a one page sheet to do an initial estimate for valuation. I got asked about that today so I thought I would send it out. However… I am not a hedge fund or other such analyst. I do not spend my days updating […]
Lessons from Warren Buffett on Compounding and Competitive Advantage (Tech Strategy – Podcast 91)
In this podcast, Jeffrey Towson discusses lessons from Warren Buffett on compounding and competitive advantage. He shares insights on how to build businesses that can grow over time, and how to identify companies with sustainable competitive advantages.
Lessons from Warren Buffett on Compounding and Competitive Advantage (Tech Strategy – Podcast 91)
In this podcast, Jeffrey Towson discusses lessons from Warren Buffett on compounding and competitive advantage. He shares insights on how to build businesses that can grow over time, and how to identify companies with sustainable competitive advantages.
Switching Costs, Wabco and Buffett’s Critical Companies (Tech Strategy – Podcast 85)
In this podcast, Jeffrey Towson discusses the concept of “criticality” as a type of switching cost. He specifically talks about Wabco, one of Warren Buffett’s companies that has fairly powerful B2B criticality. Wabco is a supplier of braking systems for trucks and buses, and its products are critical to the operation of these vehicles. As a result, customers are reluctant to switch to other suppliers, even if Wabco’s prices are higher. This gives Wabco a strong competitive advantage.
Switching Costs, Wabco and Buffett’s Critical Companies (Tech Strategy – Podcast 85)
In this podcast, Jeffrey Towson discusses the concept of “criticality” as a type of switching cost. He specifically talks about Wabco, one of Warren Buffett’s companies that has fairly powerful B2B criticality. Wabco is a supplier of braking systems for trucks and buses, and its products are critical to the operation of these vehicles. As a result, customers are reluctant to switch to other suppliers, even if Wabco’s prices are higher. This gives Wabco a strong competitive advantage.