Economic Moats: Who Has Them? And How Do You Get One?
ConversionXL
APRIL 24, 2019
For example, in the United States, freight railroads have a deep moat. So are regulations, which, in some instances, are a cynical moat-digging campaign. Moats built on efficient scale apply to a small number of businesses, like the aforementioned freight rail operators. Dig a deep moat. They own the tracks.
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