Adam Mead, Author of The Complete Financial History Berkshire Hathaway
Enter the Labyrinth
00:00
The Circle of Competence
Buffett has a circle of competence and serendipity. He likes businesses that have a demonstrated track record, the ability to distribute cash. Berkshire Hathaway's life cycle is kind of forgotten at it today but there are plenty of opportunity cost failures over time.
Transcript
Play full episode
