What separates the great companies from the also rans?

Want to know what separates the great companies from the also rans? It’s their ability to sustain – and benefit from – a competitive advantage… something Warren Buffett calls a company’s ‘moat’. This week, the boys talk through the different moats a company can have, and whether or not ‘moats’ are all they’re cracked up to be, given some recent criticism from Elon Musk. Take a listen!See omnystudio.com/listener for privacy information.