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It is incredible how this word turned up a short while ago… I’m sure if I looked, I could find quotes from Warren Buffet (the recognized originator of the term
by mikestew 2y ago
It is incredible how this word turned up a short while ago…
I’m sure if I looked, I could find quotes from Warren Buffet (the recognized originator of the term) going back a few decades. But your point stands.
- mikeyouse 2y agoYeah, he's been talking about "economic moats" since at least the 1990s. At least since 1995; https://www.berkshirehathaway.com/letters/1995.html https://www.berkshirehathaway.com/letters/1995.html
- pillefitz 2y agoNobody claimed it's a new word. Still, the frequency increased 100x over the last days, subjectively speaking.
- kccqzy 2y agoThe earliest occurrence of the word "moat" that I could find online from Buffett is from 1986: https://www.berkshirehathaway.com/letters/1986.html https://www.berkshirehathaway.com/letters/1986.html That shareholder letter is charmingly old-school. Unfortunately letters before 1977 weren't available online so I wasn't able to search. It also helps that I've been to several cities with an actual moat so this word is familiar to me.