PAT DORSEY: Buy Wide Moat Stocks (Investing in Competitive Advantages)

In this episode of Chit Chat Stocks, hosts Ryan Henderson and Brett Schaefer delve into the investment strategies of Pat Dorsey, focusing on his four moat categories: intangible assets, switching costs, network effects, and economies of scale. They analyze Dorsey's past and present portfolio, discuss the durability and dangers of brand-based moats, and explore regulatory and network effects using examples like the NFL and Visa. The hosts also touch on common investing mistakes and financial screens for identifying moats, providing listeners with insights into competitive advantages and investment strategies.