The main thing would be the cost, the R&D, research and development to develop a cutting edge robot. Once you get entrenched with your clients and your customers, it is very difficult for another company to move in. And that's not to say over time there won't be other robot surgery companies,. But intuitive has a really, really big lead.
Investing doesn’t have to be complicated. Buy a business with a wide moat and hold it for a really long time. Mary Long talks with Ron Gross about: - How to tell if a business is a monopoly - Laser-focused companies that have fended off competition - Monopolies in railroads, trash, and surgical robots
Companies discussed: MSFT, WDFC, META, GOOG, GOOGL, DUK, UNP, WM
Host: Mary Long Guest: Ron Gross Producer: Ricky Mulvey Engineer: Dan Boyd
Learn more about your ad choices. Visit megaphone.fm/adchoices