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Seek companies with a competitive advantage from "summary" of The Intelligent Investor by Benjamin Graham

One of the key principles for investors to consider is the importance of seeking out companies that possess a competitive advantage. These are companies that have some unique feature or characteristic that sets them apart from their competitors. This advantage may come in the form of a technological edge, a strong brand, a superior distribution network, or some other factor that gives the company an edge in the marketplace. By focusing on companies with a competitive advantage, investors can increase their chances of seeing strong long-term returns. These advantages can help companies maintain their market position, attract ...
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    The Intelligent Investor

    Benjamin Graham

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