14
This is something that is one of the pillars in Warren Buffett's investment strategy. The idea is to find a company that has some kind of moat, something that makes penetrating from the outside very difficult.
In this video I discuss some moats and delve into are they really moats. If the moat is technological, it is rather easy to disrupt. On the other hand, if it comes from something either psychological or habitual, then it is not apt to change even with technology. The best example of this is Coca-Cola.
Comments:
Reply:
To comment on this video please connect a HIVE account to your profile: Connect HIVE Account