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Warren Buffett on Why the Economics Deteriorate When More People Compete? | BRK 2006【C:W.B Ep. 355】 - YAPSS
Warren Buffett on Why the Economics Deteriorate When More People Compete? | BRK 2006【C:W.B Ep. 355】
https://www.youtube.com/watch?v=ZxkkozB-dz8
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The point is competitions....at the end less economic moats & eventually most of the products become commodities loh!
In palmoil it is different....U got a very tangible products.....the cheap farmland....churning return to us 24 hrs a day....by producing FFB loh!
And there are many alternative use for lands which are limited resources mah!
2022-05-04 11:34
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Post removed.Why?
2022-05-02 07:39