8 min read
What still counts as a moat in the AI era?
Reframing competitive advantage through distribution, proprietary data, workflow depth and learning speed.
Read articleJournal
Long-term notes on business quality, capital allocation and research craft.
Reframing competitive advantage through distribution, proprietary data, workflow depth and learning speed.
Read articleA practical look at working capital, capital expenditure and equity compensation.
Read articleEven a great operation can be consumed by poor reinvestment and acquisition decisions.
Read article