Understanding moats | What they are, why they matter and how to spot them

Some businesses seem untouchable. No matter what the market throws at them, they keep growing, keep making money, and keep leaving competitors in the dust. What’s their secret? A strong, durable moat. A moat is what protects a company from competition. It’s why you keep using the same software, why some brands can charge more, and why some businesses dominate for decades while others disappear. In this episode, we’re breaking it down, what moats are, the different types, and how to s...