Predicting Moats
In the last post, I shared an overview of a 2014 paper from Morningstar. The paper discussed the power of moats, and outlined different types of moats that companies have.
There were several notable examples per each type of moat, which seemed to have stood the test of time. Mostly.
As I dug deep into the file however, and looked at the actual list of wide moats and recommendations, I was a little surprised.
These are the recommendations per Morningstar, which show a list of companeis with wide moats:
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