Buffett Reflects on Great Businesses: Raising Prices [View article]
Pricing power says so much. Few companies really have it: Coke, McDonalds, Walmart, Kraft, P & G don't have it. They have a modest form of it which is if their prices are equal to the other guys, they win. That, in and of itself, is a big thing. So when you score the additional benefit of "pricing" power you really "have" something. Rare as hen's teeth--and Buffett usually gets there first!
Wall Street Breakfast: Must-Know News [View article]
Buffett Reflects on Great Businesses: Raising Prices [View article]
Wall Street Breakfast: Must-Know News [View article]