This article first appeared on Advisor Perspectives.
"I've admired Precision Castparts' operation for a long time. For good reasons, it is the supplier of choice for the world's aerospace industry…" - Warren Buffett on the acquisition of Precision Castparts[1]
"ISCAR makes money because it enables its customers to make more money. There is no better recipe for continued success." - Warren Buffett on the acquisition of ISCAR Metalworking
In one of the earlier articles in our series, we identified six distinct sources of competitive advantages. This is the fifth article in the series and