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Thread: Value investing

  1. #21
    Senior Member
    Join Date
    Nov 2018
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    Christchurch
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    Seem like you guys have a different meaning of what qualifies as a 'moat'. I don't see having a new idea / plan to be the 1st in the market as meeting the definition of having a moat. If you survive the business plan for many years to thwart off competition such as barriers of trade, THEN yes the moat is established. For the moat to qualify, you need to demonstrate you've thwarted off competition and the "1st Mover" approach in itself is not a recipe of developing a moat. Maybe i'm just splitting hairs but this is what business classes has taught me.
    Last edited by SBQ; 21-01-2020 at 09:07 AM. Reason: grammar errors

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