Thursday, April 21, 2005 9:43:00 AM
This isn't going to happen, but Warren Buffett always wanted to own a toll bridge.
Fortune 100 companies:
14. Berkshire Hathaway Inc Omaha, NE
And, according to the master himself, it fits his overall investment criteria (and mine):
Determine the company's economic moat. Warren Buffett popularized the notion of an economic moat, and he made a fortune understanding how it works. It boils down to one key idea... A business must have the resources to build an enormous
competitive advantage in its market. What a company does is important, but how it does it better than the competition or how it protects market share trumps all other plays.
i.e., the NeoMedia strategic partnerships and patents.
Walden
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