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Both The Economist and Bloomberg have focused on new monopolies in the past few months, and a key problem has been quantifying the "moat" that provides companie
by dvasdekis 8y ago
Both The Economist and Bloomberg have focused on new monopolies in the past few months, and a key problem has been quantifying the "moat" that provides companies with a lasting advantage.
Seems to me that a "moat" is most easily quantified by the share market total capitalization, and to disrupt monopolies, simply introduce a tax on total market value for a firm.