Economic Moat

What is an Economic Moat – The Concept of Economic Moat in Evaluating Stocks

What is a Moat?Moat is a big hole dug all around the castle, which is later filled with water.  It is a safety arrangement built around the castles in ancient times. The wider and deeper is the moat, more protected is the castle. This arrangement makes it tough for the attackers to access into th...