5-Minute Hack on how to find a stock with a huge competitive advantage. Many long-term growth stocks are companies with a strong competitive advantage over its competition.
Another term for competitive advantage is called having an economic moat. You might have heard of it as it is a term made famous by Warren Buffett.
Having an economic moat is how a company can defend its place in the market and continue to grow. So I will show you how you can spot this type of companies with one easy step.
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Stanley Lim has spent the last decade in the investment industry. Over the course of his career, he has kick-started a few businesses, worked in the family office industry and most recently in the investment advisory industry. He has been a writer and analyst for The Motley Fool Singapore from 2013 to 2017. He has written close to 2000 articles online, on investment education and market analysis. He is the co-writer of the investment book: “Value Investing In Asia”, published in 2018. Stanley is currently the chief editor of Value Invest Asia.