Warren Buffett mentions moats all the time in his talks and writings and emphasizes the importance of finding a company with moats. The thing is, I haven't come across anything specific from Buffett where he explains how to distinguish and categorize moats but The Little Book That Builds Wealth provides a practical framework that helps any investor to identify economic moats/competitive advantages. Let's take a look at some of the ideas from the book.
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Saturday, June 7, 2008
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