A fantastic reminder of why Alejandro such a valued voice in our investing community. The breakdown of the six core types of moats is spot-on, especially that often-overlooked gem - the 'cost saver' moat. But where Alejandro and I really see eye-to-eye is on the paramount importance of execution. In the fast-paced world of Nasdaq-100 companies, it's not just about having a moat - it's about constantly reinforcing and adapting it.
Take MSFT. They've masterfully evolved from a company with high switching costs in PC software to one with powerful network effects in cloud computing. Or AMZN, continuously deepening its cost-saver moat through relentless innovation. For us investors, this means keeping an eye on how companies are investing in R&D and talent acquisition. These factors often signal a company's ability to maintain and strengthen their moats in our ever-changing tech landscape. So, try to spot the companies that are constantly building new moats.
A fantastic reminder of why Alejandro such a valued voice in our investing community. The breakdown of the six core types of moats is spot-on, especially that often-overlooked gem - the 'cost saver' moat. But where Alejandro and I really see eye-to-eye is on the paramount importance of execution. In the fast-paced world of Nasdaq-100 companies, it's not just about having a moat - it's about constantly reinforcing and adapting it.
Take MSFT. They've masterfully evolved from a company with high switching costs in PC software to one with powerful network effects in cloud computing. Or AMZN, continuously deepening its cost-saver moat through relentless innovation. For us investors, this means keeping an eye on how companies are investing in R&D and talent acquisition. These factors often signal a company's ability to maintain and strengthen their moats in our ever-changing tech landscape. So, try to spot the companies that are constantly building new moats.
Creating new moats and expanding existing ones is, for sure, the key!