Warren Buffett: Focus on competitive advantage not the cost structure

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It would be more helpful to tag the year of this video clip.

Pete_Hwang
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Competitive advantage is probably the single most impt factor in investing

InvestingEducation
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What does he mean with if you generate float at 3% per annum? Like do they earn 3% per annum and buy companies that earn significantly more? or do they generate 3% float? And what does that even mean?

Jimmy-jdeh
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3:14 เทียบคู่แข่ง จบ ชนะก็น่าซื้อหุ้น
๕ือสิ่งที่๖้องสร้างก่อนลุย
เกมบุกไม่ได้ ป้องกันไม่ดี จะแข่งยังไง

ER-svnp
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I wonder what the annual premium is for insuring California against mega earthquake?

foxbat
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So he just said, he focuses more on personnel and the competitiveness but the rest is about a cat and dog running in circles

estebanmeza