Economic Moats Explained: What to Look Out For When Investing in Companies
By Seedly • May 11, 2020
When I first heard about the term economic moats, my mind wandered off to the Akira Kurosawa movie classic, Seven Samurai.
The movie tells the story of a group of farmers in a village that hire seven rōnin (samurais without masters) to fight off bandits that are trying to steal their precious crops.
In the pivotal battle, the villagers and the rōnin build a moat and wooden fence to defend against the bandits.