Legendary value investor Li Lu bought S&P Global, Moody's & MSCI!
$SPGI $MCO $MSCI

7 Types of Economic Moats with Examples:

1. Network Effects ( $AMZN $V)
2. Economies of scale ( $COST $WMT)
3. Capital Intensive (Boeing & Airbus)
4. Switching Costs ( $MSCI $SPGI)
5. Brand Power ( $AAPL)
6. Intellectual Property ( $DIS)
7. Regulatory Moats ( $UNP $CP)

RT Patient Investor
7 Types of Economic Moats with Examples:

1. Network Effects ( $AMZN $V)
2. Economies of scale ( $COST $WMT)
3. Capital Intensive (Boeing & Airbus)
4. Switching Costs ( $MSCI $SPGI)
5. Brand Power ( $AAPL)
6. Intellectual Property ( $DIS)
7. Regulatory Moats ( $UNP $CP)

The World’s Most Profitable Companies:

1. Texas Pacific $TPL: 64%
2. CME Group $CME: 62%
3. NVIDIA $NVDA: 57%
4. Visa $V:56%
5. Franco-Nevada $FNV: 56%
6. Evolution Gaming $EVVTY: 54%
7. Broadcom $AVGO: 51%
8. Mastercard $MA: 48%
9. MSCI $MSCI: 42%
10. Microsoft $MSFT: 36%

RT Patient Investor
The World’s Most Profitable Companies:

1. Texas Pacific $TPL: 64%
2. CME Group $CME: 62%
3. NVIDIA $NVDA: 57%
4. Visa $V:56%
5. Franco-Nevada $FNV: 56%
6. Evolution Gaming $EVVTY: 54%
7. Broadcom $AVGO: 51%
8. Mastercard $MA: 48%
9. MSCI $MSCI: 42%
10. Microsoft $MSFT: 36%

The World’s Most Profitable Companies:

1. Texas Pacific $TPL: 64%
2. CME Group $CME: 62%
3. NVIDIA $NVDA: 57%
4. Visa $V:56%
5. Franco-Nevada $FNV: 56%
6. Evolution Gaming $EVVTY: 54%
7. Broadcom $AVGO: 51%
8. Mastercard $MA: 48%
9. MSCI $MSCI: 42%
10. Microsoft $MSFT: 36%

RT Patient Investor
The World’s Most Profitable Companies:

1. Texas Pacific $TPL: 64%
2. CME Group $CME: 62%
3. NVIDIA $NVDA: 57%
4. Visa $V:56%
5. Franco-Nevada $FNV: 56%
6. Evolution Gaming $EVVTY: 54%
7. Broadcom $AVGO: 51%
8. Mastercard $MA: 48%
9. MSCI $MSCI: 42%
10. Microsoft $MSFT: 36%