Six Methods to Moat Investing
The financial news has been dominated by the growth-to-value transition since the start of the year. We’ve long said there’s no purpose to having two separated camps. So rather than treating them as extremes, we can incorporate both hand-in-hand. Below I added a photo of Angkor Wat, a religious monument in Myanmar. You can see the moat this building has. The moat is the water surrounding the property. A moat would make it difficult for an attacker to infiltrate back...