Warren Buffett and a Durable Competitive Advantage

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Warren Buffett and a Durable Competitive Advantage

Warren Buffett repeatedly emphasizes that an investor must invest into a company that offers a durable competitive advantage. Any company that has a lasting competitive edge is likely to be able to maintain its profitability over a long period of time. Competitive advantage is meant to signify that the company must have a product or service line that is distinctively unique.

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