This information is too good to be given away for free!! You're giving my competition an advantage, please stop!! You're doing an amazing job Morningstar, keep up the great work!
The analogy of having Facebook like the Phone network is naive. With the phone you HAVE to use the carrier/provider. Nothing forces anyone to use Facebook, and secondly there is little force to keep users from leaving. They can leave at anytime and quickly.
And that's a great thing. Actually more of Mr. Charlie Munger because he changed Mr. Warren Buffet's view to get wonderful companies at fair prices not fair companies at wonderful prices.
2:45 Five Sources of Economic Moat
1. Intangible Assets
2. Customer Switching Costs
3. Cost Advantage
4. Network Effect
5. Efficient Scale
Thank you for saving me 2:45 of my life. These things add up. At least they didn't start the video with "Hey guys don't forget to like and subscribe"
This information is too good to be given away for free!! You're giving my competition an advantage, please stop!!
You're doing an amazing job Morningstar, keep up the great work!
Most of the companies that are discussed here has already given 3X-5X return. Morningstar is going places with their investments.
Excellent work done by Morningstar....
The analogy of having Facebook like the Phone network is naive. With the phone you HAVE to use the carrier/provider.
Nothing forces anyone to use Facebook, and secondly there is little force to keep users from leaving. They can leave at anytime and quickly.
2:06 jokes on you bud Its 2022 and Crocs are Hotter then Ever, Literally a rotation in every house hold
Just a Warren Buffett rehash
And that's a great thing. Actually more of Mr. Charlie Munger because he changed Mr. Warren Buffet's view to get wonderful companies at fair prices not fair companies at wonderful prices.