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Understanding Economic Moats and Ways to Identify Them

22 May 2017

  • market overview

No document on Economic Moats is complete without mentioning Warren Buffett. He coined the term to describe companies with sustainable competitive advantages. He described it simply as castles with moats around them to protect them, a certain set of companies possess advantages to keep potential competitors at bay and so keep their returns on capital high for a long period of time.

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