Moats

The Competitive Advantages of Buffett and Munger Businesses

By: Bud Labitan

Narrated by: Jeffrey A. Hering

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

©2014 Cesar M. Labitan, Jr. (P)2015 Cesar M. Labitan, Jr.

Audio Quality Horrific

What disappointed you about Moats?

Overall, the book was just OK. Quite repetitive, and once you heard about 2-3 companies, everything was the same.

Biggest complaint though was the audio quality. It sounded like it was recorded in some guy's basement. COUNTLESS mispronunciations, and grammatical mistakes. The guy messed up so many times, it made it nearly impossible to listen. There were major errors and gaps in the audio where the reader made a mistake, but no one ever edited it out. By far the lowest quality audio I have ever heard on Audible.

Very little about actual "Moats"

In my opinion plenty of technical, statistical, superficial information of which very little has to do with "moats". But it appears a lot of effort was invested in writing of this material.

Shallow understanding

Author has simply listed out the investments. Very little in depth analysis. Reader is mechanical.