Connor Leonard Of IMC Explains: Here’s What Value Investors Should Know About MoatsMichelle Jones
When it comes to value investing, one strategy that's often used is seeking out companies which have sizeable moats against competition. In a presentation for the Value Investing Club at Google earlier this year, Connor Leonard of the Investors Management Corporation explained two ways of looking at moats and how value investors can benefit from either one.
Legacy versus reinvestment moats
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