The once insurmountable traditional media MOAT has been under attack for the past half-decade. In his 1991 annual letter, Warren Buffett described the difference between a franchise and a business. An economic franchise arises from a product or service that:
Media - From A Franchise To A Business
Media - From A Franchise To A Business
Media - From A Franchise To A Business
The once insurmountable traditional media MOAT has been under attack for the past half-decade. In his 1991 annual letter, Warren Buffett described the difference between a franchise and a business. An economic franchise arises from a product or service that: