A durable business advantage is essential for long term positive investment returns. However, the world is not the same as it was 50 years ago and perhaps we should forget about invest and forget about it investments. New technologies make everything move faster and make it very difficult to keep a moat.
6 Steps To Determine A Business Moat
After 13 years at the head of KG Funds, the firm's founder, Ike Kier, has decided to step down and return outside capital to investors. The firm manages around $613 million of assets across its funds and client accounts. According to a copy of the firm's latest investor update, Kier has decided to step down Read More