Warren Buffett, perhaps the greatest investor of all times, prefers his holdings to have what he calls a `moat’; some form of protection that sets a business apart from the competition, similarly to how a moat protects a castle from intrusion.1 The economic moat should function by making it impossible for rivals and new entrantsContinue reading “The moat approach to scientific authority — Beware of the guru!”
mathematician, data scientist
Bence Mélykúti 