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Video: Competitive Advantage of an Economic Moat
I explain the #WarrenBuffett and #Morningstar concept of an #economicmoat, something that gives the company with the moat a #competitiveadvantage. It could be one of five types: #Networkeffect, #Intangibleassets, #Costadvantage, #Switchingcosts or #efficientscale. This will allow a higher #ROI (return on investment) and higher #profits. The #CanadianMoneyTalk channel concentrates on…

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#competitiveadvantage#Costadvantage#economicmoat#efficientscale#Intangibleassets#morningstar#Networkeffect#profits#ROI#Switchingcosts#WarrenBuffett
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