Course 109: Finding Economic Moats
About Economic Moats
In this course
1 Introduction
2 About Economic Moats
3 High Customer Switching Costs
4 Economies of Scale
5 Intangible Assets
6 The Network Effect

What separates a bad company from a good one? Or a good company from a great one? In large part, it's the size of the "economic moat," or competitive barrier, a company builds around itself. In general, the greater the competitive positioning, the greater the shareholder value companies are able to create. We've identified four main types of economic moats:

1. High customer switching costs
2. Economies of scale
3. Intangible assets
4. The network effect

Next: High Customer Switching Costs >>

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