What is an Economic Moat?
For beginner aspiring investors like me that are chasing long-term success, understanding economic moats is essential. As I read more about Warren Buffett and his ways of finding great investments, Buffett kept on mentioning the word “moat”. As of 2012, Buffett had referenced the term “moat” more than 20 times in Berkshire Hathaway’s shareholder letters … Read more