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Hot take but 99% of all profitable businesses have no moat, and there’s absolutely nothing wrong with that. You can still make lots of $$$. Moats matter the mo
by AznHisoka 2y ago
Hot take but 99% of all profitable businesses have no moat, and there’s absolutely nothing wrong with that. You can still make lots of $$$.
Moats matter the most to investors and maybe the C suite. For everyone else, it’s just an intellectual exercise
- foolswisdom 2y agoIt matters to the companies whose business model is to make money because they have moat.
- amunozo 2y agoNot only there's nothing wrong, but it is a good thing.
- fairity 2y ago> Hot take but 99% of all profitable businesses have no moat, and there’s absolutely nothing wrong with that. You can still make lots of $$$. Can you make $157b without a moat? Or, anything close to that? That's the more relevant question at hand.