3 ms·
A moat implies barriers against new entrants, but none of the parties in the current market are new. They are all well within the moat.
by thedance 7y ago
A moat implies barriers against new entrants, but none of the parties in the current market are new. They are all well within the moat.
- greglindahl 7y agoI'm pretty sure that the concept of a "moat" applies to more than new entrants. For example, this definition [1] refers to competitors, not new entrants. 1: https://www.investopedia.com/terms/e/economicmoat.asp https://www.investopedia.com/terms/e/economicmoat.asp