What is a Moat?
@Just Do It:
Before we dive into the topic, let's start with some basic knowledge. Companies that possess a moat have a competitive advantage, making it difficult for other businesses to enter their market and compete with them. This advantage can manifest in the form of a strong brand, unique products or services, market dominance, or other factors that make it challenging for competitors to establish themselves. As Warren Buffett famously said, "In business, I look for economic castles protected by unbreachable 'moats'." Essentially, companies with a moat have something that shields them from competition and enables them to maintain profitability over the long term. For investors, understanding a company's moat is crucial when deciding whether or not to invest in it. A strong moat means the company i