Moats · the Competitive Advantages of Buffett and Munger Businesses

This may be the best business book that describes the competitive advantages of profitable businesses. MOATS describes the competitive nature of 70 selected businesses purchased by Buffett and Munger for Berkshire Hathaway Inc. MOATS is a very useful resource for investors, managers, students of business. Since its subject matter has proven success, MOATS may soon become a useful text in businesses schools around the world. MOATS also looks at the sustainability of these competitive advantages.

Labitan examines the competitive advantages of businesses that Warren Buffett and Charlie Munger bought for Berkshire Hathaway Inc. The title of the book is based on the concept that businesses need a 'moat' to protect their returns on invested capital. The businesses are presented alphabetically, from Acme Brick Company to XTRA Corporation.