Archive for October 10th, 2012

Defending the Castle

Defending the Castle
"In business, I look for economic castles protected by unbreachable 'moats'." -Warren Buffett   Warren Buffett has long preached investing in businesses one understood, not only in terms of what the business does but also in terms of the predictability of the long term economics of the industry. Accordingly, in assessing the width of the "moat" he speaks to enduring… read more →