Spotting companies with moats

While investing, the concept of 'moats' was popularised by the legendary investor Warren Buffett. 'Moat' means a deep, wide ditch that surrounds a castle and is filled with water. In business sense, it stands for a company that has some sort of competitive advantage and barrier to entry into its area. In simpler terms, companies with moats are sort of monopolies and it is very difficult to compete with them or usurp their market share. The sustainability of a moat is even more important than the presence of a moat. While some companies may look like companies with moats in the short term, their compe

This article was originally published on February 20, 2019.