economic moat meaning
The competitive advantage that one company has over other companies in the same industry. This term was coined by renowned investor Warren Buffett.
- Market Positioning : "'quality company possesses an economic moat, which distinguishes it from peers and allows to conquer leading market position.
- Akre, for example, puts a strong emphasis on finding the competitive advantage of the companies he invests in . " We spend a lot of time trying to figure out what's causing this, " he said in an interview with CNN Money . " What is it that allows them to have what the world calls'the economic moat'?"