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He looks for companies with a strong economic moat from "summary" of Warren Buffett's Ground Rules by Jeremy Miller
Warren Buffett has a keen eye for companies with a competitive advantage that helps them maintain their market position. This advantage is often referred to as an economic moat, a metaphorical barrier that shields a company from competition and allows it to sustain its profitability over time. Companies with a strong economic moat have certain characteristics that make them stand out from their competitors. One key characteristic of a company with a strong economic moat is a unique product or service that is difficult for competitors to replicate. This could be due to proprietary technology, patents, or brand recognition that sets the company apart in the marketplace. By offering something that others cannot easily duplicate, the company can maintain its ma...
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