23min chapter

Talks at Google cover image

Ep489 - Pat Dorsey | The Little Book that Builds Wealth

Talks at Google

CHAPTER

Understanding Economic Moats in Investment

This chapter explores the concept of economic moats, highlighting their role as durable competitive advantages that allow certain companies to maintain profitability over time despite competitive pressures. It discusses various types of moats, including brand value and switching costs, and illustrates these concepts with real-world examples like Krispy Kreme and Tiffany & Co. Ultimately, the chapter underscores the importance of pricing power and market perception in identifying sustainable businesses for long-term investment.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode