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Musk and Buffett make a natural pair trade
08 May 2018, 12:51 | Tara Lloyd
Elon Musk Proposes Building A Cyborg Dragon And The Internet Is In A Frenzy
Musk in his earnings call last week said that he thought moats were lame.
But then again if you'd asked me how seriously we should have taken this tweet from Christmas Eve, I'd have said the same and yet. "They are like nice in a sort of quaint, vestigial way. What matters is the pace of innovation, that is the fundamental determinant of competitiveness". "There are some pretty good moats around", Warren Buffett. But he still believes the concept is crucially important, and that some companies' moats are more impenetrable now than they've ever been. See's sweets, according to Buffett, is a company with a wide moat, since it boasts a loyal, entrenched customer base, which makes it hard from rival candy chains to steal its thunder, Fortunenotes. The legendary investor said that "Elon may turn things upside down in some areas". Presumably because Buffett likes to invest in companies that have large moats-not physical ones but of the business variety-which Musk referred to as an oligopoly, or a business market where there's limited room for any competition. The term "moat" in the investment parlance was established by Buffett.
So whether or not Musk actually intends to start a candy company, the key is to never underestimate the man's random claims.
Seventh miner rescued 4, at Poland after natural disaster
WUG said the quake was of a type that can occur in coal mines after the removal of deposits builds up tensions in the rocks. The saving was first launched at 11:25 a.m. local time Saturday. "We are doing all we can to save the miners", Ozon said.
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Two workers were rescued in an unconscious condition, while bodies of two miners were recovered on Saturday night. The mines reportedly have a history of poor enforcement of safety regulations.
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Dougherty says the current structure's architectural features will be preserved, and the tower is expected to open in 2022. But other sites are being considered as well, including one in the neighboring city of Somerville.
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The records also say the White House medical unit Jackson ran successfully passed regular controlled substance audits. The president later called for Tester to resign for what he said are allegations that remain unconfirmed.
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Manuel and Patricia Oliver, who lost their son Joaquin in the Florida high school shooting, also came to Dallas . The rally, one of two gun control protests , was organized by the newly formed NoRA - or "No Rifle Association".