Mention300420
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so:text | The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down. (en) |
so:isPartOf | https://en.wikiquote.org/wiki/Warren_Buffett |
so:description | Letters to Shareholders (1957 - 2012) (en) |
qkg:hasContext | qkg:Context147813 |
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qkg:Quotation283503 | qkg:hasMention |
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