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A comment on Apollo’s Christian Selig explains his fight with Reddit – and why users revolted. Parent comment

Re:Apollo’s Christian Selig explains his fight with Reddit –... by chasil on Tuesday June 13, 2023 @01:44PM (#36313815)
"I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will." --Warren Buffet.
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Re:Apollo’s Christian Selig explains his fight with Reddit –... by thatguy0900 on Tuesday June 13, 2023 @04:29PM (#36316636)
It's probably very easy to run a business if you've never had to worry about making a profit. I'm not sure that's a wonderful business though.
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Re:Apollo’s Christian Selig explains his fight with Reddit –... by chasil on Tuesday June 13, 2023 @06:00PM (#36318166)
Buffet prefers businesses with "moats" that present high barriers for new competitors to take market share.

Coke and IBM were his preferred stocks for some years for these reasons.

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