Duke Energy doesn't have competition in North Carolina, but is their competition spread out throughout the industry and other geographic areas? To a certain extent, but they really do have the monopoly in their main business. The median of those companies right now are trading at about 18 times forward earnings. Duke's is much more regulated and therefore more easy to predict.
Investing doesn’t have to be complicated. Buy a business with a wide moat and hold it for a really long time. Mary Long talks with Ron Gross about: - How to tell if a business is a monopoly - Laser-focused companies that have fended off competition - Monopolies in railroads, trash, and surgical robots
Companies discussed: MSFT, WDFC, META, GOOG, GOOGL, DUK, UNP, WM
Host: Mary Long Guest: Ron Gross Producer: Ricky Mulvey Engineer: Dan Boyd
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