A Crash Course on Competitive Advantage
Warren Buffett, the chairman and CEO of Berkshire Hathaway has long said that a "durable competitive advantage" is the single most important trait of companies that generate market-beating returns.
Using the analysis laid out in Michael Porter's book Competitive Advantage, Motley Fool contributor John Maxfield and analyst Gaby Lapera dig into the tell-tale signs of Warren Buffett's favorite metric for identifying outstanding stocks.
This podcast was recorded on 10/26/2015