This investment philosophy focuses on companies that have developed a sustainable competitive advantage over its competitors.

Archaeologists have discovered remains of a moat, several staircases — including a “ceremonial staircase” — and drainage pipes from the castle ... After this business shut down in ...

The concept of a wide moat refers to companies that possess strong, lasting competitive advantages that insulate them from competition and allow them to sustain long-term profitability. The term, ...

The large stakes were found in the castle’s moat, archaeologists said ... Irene previously worked as a business reporter at The Dallas Morning News.

WAKAYAMA—A rare event to explore the underwater world of Wakayama Castle’s moat took place here on Oct. 5 as volunteers and city officials lowered the water level, revealing a hidden ecosystem.

The term, popularized by Warren Buffett, likens a company’s market position to a medieval castle surrounded by a wide moat — difficult for rivals to cross and attack. Companies with wide ...