Earlier this summer in New York City, I met up with Ben Hobson from Stockopedia, a U.K.-based stock market data subscription service designed for retail investors. Ben was in the States interviewing various investors and he and I spoke at length about economic moats – a subject near and dear to us at Ensemble.

Among other things, we discussed the dangers of investing in dividend-paying stocks with deteriorating moats, the increasing difficulty of screening for moats, and the intersection of moats and management.

Ben recently published a transcript of our conversation, which you can find here. Free registration may be required to read the article.

 

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