Morningstar: The Four Moats That Matter

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Sep 03, 2010
Morningstar's Pat Dorsey outlines the major competitive advantages that give superior companies the power to stay on top.


The four moats discussed are:
  • Intangible Assets
  • Customer Switching Costs
  • The Network Effect
  • Cost Advantages





To read the transcript, click: http://www.morningstar.com/cover/videoCenter.aspx?id=350812