Economic Moats: Who Has Them? And How Do You Get One?
ConversionXL
APRIL 24, 2019
An effective moat doesn’t require Amazon’s distribution network or Microsoft’s monopolistic software strategy. A mid-season trade for a player in the final year of a contract provides a short-term roster boost. But it delivers year after year of new talent—talent that’s under contract for years to come. They own the tracks.
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