3 ms·
Very good lecture! So.. basically, start small and try to turn into a monopoly
by aprdm 12y ago
Very good lecture!
So.. basically, start small and try to turn into a monopoly
- johan_larson 12y agoMaintaining a monopoly, or even just a dominant share of a market, requires what Warren Buffet likes to call a "moat", some crucial advantage that makes it difficult to compete with you. http://www.investopedia.com/ask/answers/05/economicmoat.asp http://www.investopedia.com/ask/answers/05/economicmoat.asp