Wide Moat Investing Revisited
Wide moat investing works. Competitive advantage matters. Ten years ago, we first posted about wide moat investing. Since then, a booming stock market has created remarkable wealth for many investors. Here’s an update.
Why you want to invest in “wide moat” stocks
A “wide moat” is an investment metaphor for a defensible competitive advantage enjoyed by relatively few companies. Stocks with wide economic moats have the potential to generate superior risk adjusted returns for long-term investors.
