Business moats and work ethic at Berkshire Hathaway
One post contrasts Warren Buffett’s defense of durable business advantages with Elon Musk’s focus on innovation. Another quotes Berkshire CEO Greg Abel on how hard work can help people find what they love.
TLDR
On competitive strategy, a post recounts Musk calling business moats—durable advantages that keep rivals out—“lame” and favoring rapid innovation. It quotes Buffett pointing to Berkshire’s See’s Candies: “I don’t think he’d want to take us on in candy.” On careers, another post quotes Berkshire CEO Greg Abel advising a 14-year-old to cultivate a strong work ethic and a desire to contribute. That post interprets Abel’s advice as putting work before passion: effort can help people discover what they love.
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Business moats and work ethic at Berkshire Hathaway
One post contrasts Warren Buffett’s defense of durable business advantages with Elon Musk’s focus on innovation. Another quotes Berkshire CEO Greg Abel on how hard work can help people find what they love.