Elon Musk Is "Super Super Serious" About Starting A Candy Company

Why Elon Musk and Warren Buffett Are Suddenly Trolling Each Other Over See's Candies

Why Elon Musk and Warren Buffett Are Suddenly Trolling Each Other Over See's Candies

Berkshire Hathaway acquired See's sweets in 1972, and Buffett is famously fond of its peanut brittle- which he and his business partner Charlie Munger continuously munch on while answering questions for six hours at their shareholder meeting each year. "What matters is the pace of innovation, that is the fundamental determinant of competitiveness".

Last week, Musk criticized Buffett's investing strategy of looking for companies with a "moat", or a buffer to maintain an edge over competing brands or business models. While Musk has a habit of sharing all his ridiculous ideas which include building flamethrowers and sell them to fund his tunnel-digging project, using party balloons for rocket launches and building a cyborg dragon, he also has a habit of making some of this dreams a reality.

The renowned investor had been responding to a shareholder's question about whether he agreed with Musk's views about economic "moats", which is a term Buffet himself coined in 1999, reported Fortune magazine.

"Elon says a conventional moat is quaint, and that's true of a puddle of water", Munger said.

These are some big words, right? Is he actually being serious or just trolling Warren Buffett over the concept of moats?

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Musk, who did not attend the Berkshire Hathaway meeting, caught wind of Buffett and Munger's comments, and apparently felt he was being trolled.

By all accounts, Elon Musk is a very busy man.

Taking into consideration Warren Buffet's hatred of cryptocurrency, it seems that Elon Musk will also be incorporating them into his candy company.

Eventually, Musk began crowdsourcing ideas for his hypothetical candy company, and his followers began suggesting all manner of products for him to develop, from healthy candy to candy that doesn't cause cavities.

Make sure to check back with Tech Times as we learn more about Musk's new sugary venture.

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