| Author | Message | ||
     Ntr_rocks Kurra Bewarse Username: Ntr_rocks Post Number: 4807 Registered: 10-2007 Posted From: 45.43.104.179 Rating: N/A |
“I think moats are lame,” Musk told analysts on Tesla’s first-quarter earnings call Wednesday. “They are like nice in a sort of quaint, vestigial way. If your only defense against invading armies is a moat, you will not last long. What matters is the pace of innovation, that is the fundamental determinant of competitiveness.” This is exactly the text... Moats are not lame, they exist...Buffet created one of the largest companies without innovation and survived decades, so clearly musk is wrong..Not only that tsla doesnot have a single profitable qtr yet, not sure if it happens in future...So, buffet right, musk wrong.. Buffet answered someone question, he himself never pointed at Elon, see how Elon took it twitter and become a troll... Abuse, Twitter trolling easy...Consistency over decades is hard, very hard...Numbers don't lie My last post on this... Pettesaa |