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
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