One of my favorite parts of fundamental investing is digging into business models and understanding why some companies can protect their economics for decades.
We recently put together a detailed guide on 7 types of economic moats, how to recognize them, and importantly, what often gets mistaken for a moat.
Most of you probably know a lot already, but I thought it might be useful here for anyone who enjoys analyzing businesses beyond just valuation and financial ratios:
https://moateyscore.com/blog/economic-moats-types-competitive-advantage