In other words, the "moat" is a result of business doing what they do better, faster, and more economically than anyone else. People often forget that great execution is also a moat. I'd argue Amazon's "moat" (the Retail business, not AWS) is execution. Like many things, when you try to consciously try and do things to expand your moat, you indirectly tend to do the opposite.
In other words, the "moat" is a result of business doing what they do better, faster, and more economically than anyone else. People often forget that great execution is also a moat. I'd argue Amazon's "moat" (the Retail business, not AWS) is execution. Like many things, when you try to consciously try and do things to expand your moat, you indirectly tend to do the opposite.