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Berkshire's Wide-Moat Days Are Numbered

Berkshire still has deep competitive advantages, but its size will cause its moat to narrow over time, says Morningstar's Gregg Warren.

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Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. We're getting ready for the 2013 Berkshire Hathaway Annual Meeting. I’m here with Gregg Warren; he is one of our Berkshire analysts. We're going to look at Berkshire's moat. Gregg, thanks for joining me today.

Warren: Thanks for having me.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.