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Half Baked (Investing) Ideas: How Much Do Moats Really Matter?
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Half Baked (Investing) Ideas: How Much Do Moats Really Matter?

If identifying a company's moat is important to an investment thesis, why do so many companies with high moats end up being lousy investments?

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Misfit Alpha
Sep 10, 2024
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Half Baked (Investing) Ideas: How Much Do Moats Really Matter?
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Portrait of an Oriental Philosopher, Giovanni Domenico Tiepolo, 1755, oil on canvas (Honolulu Museum of Art)

Every once in a while, I have thoughts about investing that aren’t fully fleshed out but ar…

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