Why Moats Matter

[@PNKPVI]

2:45 Five Sources of Economic Moat 1. Intangible Assets 2. Customer Switching Costs 3. Cost Advantage 4. Network Effect 5. Efficient Scale

[@janeknox3036]

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"

[@zachgreenwald5345]

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!

[@vanshajsrivastava8107]

Most of the companies that are discussed here has already given 3X-5X return. Morningstar is going places with their investments.

[@asha_kanta_sharma]

Excellent work done by Morningstar....

[@hwy9nightkid]

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.

[@kontra2157]

2:06 jokes on you bud Its 2022 and Crocs are Hotter then Ever, Literally a rotation in every house hold

[@Larrysfo]

Just a Warren Buffett rehash

[@stangtrax]

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.