Metropolis Capital On Finding High-Quality Businesses

The key to successful long-term investing is to buy high-quality companies with a substantial competitive advantage at attractive prices and hold for the long-term, resisting the temptation to tinker with your portfolio in the meantime.

The hardest part of this strategy is finding the high-quality companies with the most attractive economic moats or competitive advantages in the first place, and it seems as if every investor has a different method of separating the wheat from the chaff.

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