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Investing Master Class

Warren Buffett & Charlie Munger (1995 Interview): Moats, Castles and Lords

“We’re trying to find a a business with a wide and long lasting moat around it surrounded and with protecting a terrific economic Castle with an honest Lord in charge.”

Warren Buffett and Charlie Munger get questioned about their investing principles at the 1995 Berkshire Hathaway annual meeting.

“We’re trying to find a a business with a wide and long lasting moat around it surrounded and with protecting a terrific economic Castle with an honest Lord in charge.” — Warren Buffett (1995)

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