Adam, you're obviously correct...I was trying to illustrate a point and probably could've been more accurate in my description of what Google does. In any case, the company makes its money selling ads -- it's a "simple" business to understand as opposed to trying to understand how the company's search solution works.
I merely meant to "check off" the simple/understandable business part of "Buffett's checklist".
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Adam, you're obviously correct...I was trying to illustrate a point and probably could've been more accurate in my description of what Google does. In any case, the company makes its money selling ads -- it's a "simple" business to understand as opposed to trying to understand how the company's search solution works.
Mar 18 15:50 pm
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All Comments by Wayne Mulligan_ »Why Buffett Would Not Buy Google [View article]
I merely meant to "check off" the simple/understandable business part of "Buffett's checklist".
Thanks for the great comments though!
-Wayne