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IPH #92: CEO Mt. Rushmore; Debating The Widest Moats; Are We In 1995 or 1999?

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Unassailable Business Gems

The speakers discuss various businesses with unassailable moats, including a French listed company known as Societe Day that owns exclusive casino rights in Monaco and 52 properties. They also mention government-monopolized companies that have been privatized and discuss the uncertainties surrounding technology-based businesses. The chapter concludes with a discussion on the importance of physical assets in building a strong moat.

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