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Look for companies with a durable competitive advantage from "summary" of One Up On Wall Street by Peter Lynch,John Rothchild
When searching for potential investment opportunities, it's crucial to focus on companies that possess a durable competitive advantage. This advantage can come in various forms, such as a strong brand name, superior technology, or cost leadership. Companies with a durable competitive advantage are able to maintain their market position and protect themselves from competitors over the long term. One way to identify companies with a durable competitive advantage is to look for those with high barriers to entry. These barriers can include patents, proprietary technology, economies of scale, or strong brand loyalty. Companies that have established themselves as leaders in their industry are more likely to have these barriers in place, making it difficult for new entrants to disrupt their market position. Another important characteristic to co...
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