In this podcast, Phil and Danielle dive more into what it means for a business to have a durable competitive advantage. They talk about Warren Buffett’s favorite number for finding if a business has a great moat, “Return on Equity.”

Podcast Show Notes: http://bit.ly/1LivNEX

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4 COMMENTS

  1. I'm an accountant and the way you explained accrual accounting and the three major financial statements was brilliant! You should teach entry level accounting because I wish someone had made it that simple for me.

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