{"id":570,"date":"2016-09-27T23:50:08","date_gmt":"2016-09-27T23:50:08","guid":{"rendered":"https:\/\/www.ashwinl.com\/ideas\/the-five-moats\/"},"modified":"2016-09-27T23:50:08","modified_gmt":"2016-09-27T23:50:08","slug":"the-five-moats","status":"publish","type":"post","link":"https:\/\/www.ashwinl.com\/ideas\/the-five-moats\/","title":{"rendered":"The Five Moats"},"content":{"rendered":"<p><a href='http:\/\/www.bauer.uh.edu\/cox\/Documents\/2.%20Second%20Quiz\/Chapter%206\/Buffett%20Moat%20Strategy.pdf'>The Five Moats<\/a><\/p>\n<div class=\"link_description\">\n<p>What affords one company a wide moat while others have a narrow moat or none at all? Morningstar<br \/>\ndescribes five ways moats develop. ln the first, the so-called network effect, a service becomes<br \/>\nincreasingly valuable as more people adopt it. Second, customers lack incentive to embrace a competing<br \/>\nproduct. A virtuat monopoly or control of a limited market can be a third type of moat, such as an airport-<br \/>\nservices provider would command. A fourth consists of proprietary brands, patents and licenses that<br \/>\ncreate consistent cash flow. And a final advantage is pricing, or the ability to sell a better product cheaply,<br \/>\ngenerating higher profit margins.\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Five Moats What affords one company a wide moat while others have a narrow moat or none at all? Morningstar describes five ways moats develop. ln the first, the so-called network effect, a service becomes increasingly valuable as more people adopt it. Second, customers lack incentive to embrace a competing product. A virtuat monopoly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"link","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-570","post","type-post","status-publish","format-link","hentry","category-uncategorized","post_format-post-format-link"],"_links":{"self":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/posts\/570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/comments?post=570"}],"version-history":[{"count":0,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/posts\/570\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/media?parent=570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/categories?post=570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/tags?post=570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}