MOAT Stories

MOAT Stories

Why Buffett avoids “disruptive” companies

The one pattern that destroys investing theses (and how to spot it).

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Adi Oran
Nov 28, 2025
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You’re chasing disruption. Buffett isn’t.

Why Constant Change Kills Investing

You found a company with great numbers.

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Low P/E. Growing revenue. Strong cash flow.

Everything looks perfect.

You’re about to buy it.

But then you re…

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