In this clip, Robert P. Miles breaks down Warren Buffett’s concept of a “moat.”
A durable competitive advantage.
If you need a prayer meeting before raising prices, you probably do not have one
If a well-financed competitor can take you out, you do not have one.
The real long-term winners?
They can raise prices without panic.
They cannot be easily disrupted.
They are protected by trust, brand, cost advantage, or network effects.
If you are building, investing, or allocating capital, this conversation will sharpen how you evaluate what truly endures.
🎥 Watch the clip.
🎧 Listen to the full episode on Capitalist Culture®: https://www.capitalistculture.com/