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RE: Musk vs Buffett: Innovation vs Moat Building - Who wins?

in #steemit6 years ago

Exactly. Look at vulture captialisim. Group buys company, sells off profitable company assets to make some quick cash. Saddles the company with debt from other companies then lets it file bankruptcy to kill that debt.

See Sears or Toys R Us.

I am looking at you Romney.