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Ep 365. Finding Moats: Market Power, Customer Behavior, Substitution, Distribution, and Margin Protection

Focused Compounding

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Is Starbucks Going to Be Around in 20 Years?

Jeff Yang: Is star bucks going to be around in 20 years, probably in some capacity? Yang: What did people do before starbuks? I mean, hab change over time. And that's a part that worries me, wame, think how much technology is changed overtime.Yang: Maybe investments will ange over 50 years. We don't need to be like o. We're going to vest to day in this business es to beAround in 20 years. From now or 50 years from now, right?

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