Long-term competitive advantage in a stable industry - Warren Buffett - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Thursday, July 21, 2016

Long-term competitive advantage in a stable industry - Warren Buffett


Investing Mantra's, Investing Mantra's - Stock

"Long-term competitive advantage in a stable industry is what we seek in a business. If that comes with rapid organic growth, great.

But even without organic growth, such a business is rewarding.

We will simply take the lush earnings of the business and use them to buy similar businesses elsewhere."

Mr. Warren Buffett
Long-term competitive advantage in a stable industry - Warren Buffett Reviewed by S. Chitra on July 21, 2016 Rating: 5 Investing Mantra's, Investing Mantra's - Stock "Long-term competitive advantage in a stable industry is what we seek in a...

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