Warren Buffett’s Strategy for Focused Attention
Warren Buffett’s “2 List” Strategy for Focused Attention If you read enough financial commentary and you’re knowledgeable about business-to-business P2B like Business2Growth, you’ve seen people saying that SaaS companies have moved into a totally new realm where they are anything but software. They are moving into automation, sales tools, and data science. Companies like Microsoft (MSFT), Oracle (ORCL), (CBY), and (YHOO) are making these investments to compete and compete for market share. So it makes sense that you’d wonder why they’re the last to move into AI. Microsoft still has the legacy mobile, enterprise software businesses to defend. That means the company is really good at creating value that is hard to imitate, thus making it harder for competitors to steal it. So you don’t expect this to happen until there’s a genuine desire for companies to invest, invest, and invest in technology and this sounds like a falling domino effect for Amazon. (Amazon will probably be the la...