4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP524: Four Wide Moat Stocks for 2023

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

What Is a Moat?

A moat or competitive advantage is simply the brand. Other types of moats include being the low-cost provider, having high switching costs and economies of scale. Looking for companies with these characteristics are ingredients for what I call a steady compounder.

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