Competitive Advantage: Navigating Changing Themes – ValueWalk Premium

Competitive Advantage: Navigating Changing Themes

A competitive advantage gives a company an edge over its rivals and an ability to generate greater value for the firm and its shareholders. The more sustainable the competitive advantage, the longer the business in question will be able to produce outsized returns for shareholders. Warren Buffett was one of the first to recognise the benefits of a competitive advantage, or what he calls an “economic moat”, which is defined by

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