Warren Buffett says he does not see a bubble in Facebook. “I’m agnostic on a company like Facebook,” he tells CNBC’s Becky Quick. Transcript: very much. warren, over the weekend, we talked about this and you mentioned that you have spoken with mark zuckerberg will what he needs to be doing with his company. when did you talk to him? last year at sun valley. and what was the basic — did he come...
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Pat Dorsey, Sanibel Captiva Trust – Using Economic Moats to Improve Investment Returns Pat is an author of The Five Rules for Successful Stock Investing, The Little Book That Builds Wealth and Vice Chairman, and Director of Research at Sanibel. Sanibel has about $600M under management • Capitalism works – High profit operations attract competition o Most businesses see returns decline over time o A moat is a structural business characteristic o Smart mangers are...
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