"I will build a moat and fill it with sweets." Musk promised to beat Buffett in confectionery business
At the meeting of the shareholders of his company Berkshure Hathaway, billionaire Warren Buffett argued in absentia with Ilon Mask, who, on a recent scandalous conference-column with analysts, doubted Buffetta’s important investment principles-the existence of industries, which are difficult to enter into new players. In response, Musk, in order to resolve the dispute, promised to establish a confectionery company, which will win the See's Candy chocolate manufacturer, which Buffett invests.