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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)
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