Buffett seeks to win by finding moats, which usually arise out of competitive mkt failures. Great for Buffett, who gets to extract higher rents, but not for the rest of society, which has to pay them.
Musk seeks to win by innovating faster & better than his competition. Great for everyone. In his efforts, he has created several orders of magnitude more value for the world than Buffett. There really is no comparison.
Interesting clips from CNBC's weekly Buffett email on when Buffett and Musk traded barbs on moats. I think Elon makes a great point in his quote here, and I'd love to hear what WB thinks about what he said a decade ago, specifically the idea that Snickers or M&M's brand have more pricing power than a hypothetical "Musk bar". The upstart brands (see the protein bar isle), health food focus, store brands (Kirkland, etc) and the downfall of all kinds of once powerful food brands like GIS, KHC, etc... I wonder if WB has a different view today