Abstract

Companies that are able to preserve their competitive advantages by creating “economic moats” have the ability to generate excess profits for long periods of time. Firms with sizable economic moats have significantly outperformed the S&P 500 Index over the past 10 years. A key to valuing firms with moats is determining when and how the moat will expire.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.