← Back to context Comment by downrightmike 5 hours ago There is no moat 3 comments downrightmike Reply DennisP 4 hours ago Contrary to popular belief, plenty of long-term profitable businesses have no moat. It's just that if you use Warren Buffett's investment strategy and want to buy stocks to keep for decades, companies with moats are the surest way of doing that. 2tttt 4 hours ago Excess returns.Heard of it? No? Shut up then. You have no idea what you’re talking about. krona 4 hours ago or network effects, or intangible assets (e.g. a brand, patents) or even economies of scale which they own and can leverage.
DennisP 4 hours ago Contrary to popular belief, plenty of long-term profitable businesses have no moat. It's just that if you use Warren Buffett's investment strategy and want to buy stocks to keep for decades, companies with moats are the surest way of doing that. 2tttt 4 hours ago Excess returns.Heard of it? No? Shut up then. You have no idea what you’re talking about.
2tttt 4 hours ago Excess returns.Heard of it? No? Shut up then. You have no idea what you’re talking about.
krona 4 hours ago or network effects, or intangible assets (e.g. a brand, patents) or even economies of scale which they own and can leverage.
Contrary to popular belief, plenty of long-term profitable businesses have no moat. It's just that if you use Warren Buffett's investment strategy and want to buy stocks to keep for decades, companies with moats are the surest way of doing that.
Excess returns.
Heard of it? No? Shut up then. You have no idea what you’re talking about.
or network effects, or intangible assets (e.g. a brand, patents) or even economies of scale which they own and can leverage.