Buffett Author Lawrence Cunningham on Warren's Key Insights into "Moats"

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Apr 15, 2013
Lawrence Cunningham wrote the "Essays of Warren Buffett," which is a collection of Buffett's letters to the shareholders of Berkshire Hathaway (BRK.A, Financial)(BRK.B, Financial) written over the past few decades.

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In the video below Cunningham discusses how Buffett focuses on business with brand names or products that are very difficult to imitate or compete with.

These are the "moats" that surround and protect the businesses that Buffett likes to invest in. Companies such as Coca-Cola, American Express, Gilette and now International Business Machines.