Buffett and Munger Talking About Moats Again

Berkshire has a corporate headquarters with a mere 25 people on a single floor of an office building. Another one, which is just another way to save their frugals, they have low overhead. There are actually businesses that you will find a few times in a lifetime where any manager could raise the return enormously just by raising prices. So they have huge untapped pricing power that they're not using.