Author Archives: Nazim Macbeth

Berkshire Hathaway – Great Businesses

“A truly great business must have an enduring “moat” that protects excellent returns on invested capital.  The dynamics of capitalism guarantee that competitors will repeatedly  assault any business “castle” that is earning high returns.  Therefore a formidable barrier such as a company’s being the low cost producer or possessing a powerful world-wide brand is essential… Continue reading →