Welcome to "The Investing For Beginners Podcast"! In today's episode, hosts Dave and Andrew explore competitive advantages and business moats. They discuss strategies of Costco, Amazon, and Microsoft Azure, examine switching costs with banks and Intuit, and highlight intangible assets using Starbucks and Coca-Cola as examples of brand power.
00:00 Stock pickers may ignore moats; long-term investors need them.
04:55 Economies of scale drive business profitability, efficiency.
07:07 Costco's scale economy share drives customer loyalty.
10:03 Different kinds of moats create competitive advantage.
13:12 Jack Henry provides essential banking infrastructure software.
17:17 Brand power key to company success, examples.
19:56 Network effect: Value grows as users increase.
24:17 Texas Instruments scales production, offers low-cost products.
28:21 Consider price and longevity when investing wisely.
29:28 Markets change, nothing lasts forever, historical evidence.
Today's show is sponsored by:
Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial.
Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial!
Find great investments at Value Spotlight
Have questions? Send them to newsletter@einvestingforbeginners.com
DCF Demystified Link
SUBSCRIBE TO THE SHOW
Apple | Spotify | Google | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
