Sir Chris Hohn: Strategic Investing, Long-Term Value and Purposeful Philanthropy
In Good Company with Nicolai Tangen
00:00
Understanding Economic Moats
This chapter explores the significance of economic moats in business, focusing on industries with substantial barriers to entry, such as infrastructure and aircraft engines. It examines how factors like intellectual property, scale, and customer switching costs contribute to limited competition and emphasize the value of physical assets in investment decisions.
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