livewire: It’s Not Moat Size That Matters

Conventional wisdom and financial textbooks will stress the importance of valuing a company’s competitive advantage or economic moats. WCM Investment Management (WCM) has moulded this strategy, instead placing its focus on the direction of company moats.

Sanjay Ayer explains this approach at WCM and a stock which he believes is losing its competitive advantage.

This article was published on livewire, and the full article is here.