Facts Quote by Charlie Munger
“In fact I've probably never seen such a wide moat.”
About This Quote
Source Speech: Annual Shareholder Meeting, 2015
A wide moat indicates a strong competitive advantage protecting a business.
In simple terms: A big moat protects a company.
Key Takeaway
Invest in businesses with durable advantages.
Themes
business
competition
strategy
Mood
analytical
strategic
Type
business
financial
When to use this quote
- investment decisions
- company analysis
- risk assessment
- portfolio management
Key Concepts
economic moats
competitive advantage
Questions to Reflect On
- What moats do you see in your investments?
- How can you protect your own competitive edge?
A Different Perspective
Moats can shrink over time with disruption.
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