I'd listen to Warren Buffett and invest in ASX shares with wide economic moats
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I'd listen to Warren Buffett and invest in ASX shares with wide economic moats
When Warren Buffett talks, investors listen. And one of the key ideas the legendary investor encourages is the concept of economic moats. This is a term used to describe a company's durable competitive advantage that protects its profits from rivals. Buffett once said: The key to investing is not assessing how much an industry is going to affect society… but rather determining the competitive advantage of any given company and, above all, the d…
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