338- Stick to the Investing Checklist!
InvestED: The Rule #1 Investing Podcast
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Is the Moat Really Critical?
i think there is just a certain level of ye unknowable, and that long enough to rasike that you just exactly, you just have to deal with it. i b m ten years under ia, mediocre at best management, and a their stock price has gone basically nowhere. But during that entire time, they were really in a great deal of cash flow, and investors were receiving dividends. And yt the end of the day, you know, that you could have still gotten out of the company without losing money if you'd bought in right before tha started. That superimportant that you understand the business well enough to determine that this company has a durable competitive advantage.
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