Very good read! People often want to invest in the Next Amazon, the Next Google etc. But once established, an economic moat enables wonderful businesses to generate superior returns for their shareholders for years to come. That’s why I love to focus on the well established businesses.
Very good read! People often want to invest in the Next Amazon, the Next Google etc. But once established, an economic moat enables wonderful businesses to generate superior returns for their shareholders for years to come. That’s why I love to focus on the well established businesses.