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

Focused Compounding

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Is the Tent Allowing the Mine Share to Grow?

There will come a point where, a, there'll only be one. And that's what we hear a lot about with mote to day. I think it's all tied up with the inter net companies and network effects. But for others, it might never be that any of three or four providers would work equally by the customer. There might be advantages on the food delivery side which you could argue for. You can easily see how big an advantage is at a certain point in time.

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