A company's economic moat can be the result of one or more competitive advantages. Morningstar recognizes five sources of competitive advantage: Switching costs are obstacles that keep customers from ...

While many companies chase trends, a select few build enduring dominance through a powerful, self-perpetuating force: the network effect. But what exactly is this competitive advantage? A network ...

In the current economic environment, investors—both seasoned and new—are seeking strategies for safeguarding their assets in case of sharp volatility and a potential recession. As there is no one-size ...

Due to the proliferation of internet companies and related investments, many market participants got acquainted with the benefits of allocating capital to firms with network effects. In simple terms, ...

One of the ways in which firms succeed today is through achieving network effects—the phenomenon in which the value that a user derives from a product increases with the number of users of the product ...

High switching costs make it difficult, costly, or both for customers to switch from one supplier to another. Many software and service-related companies benefit from high switching costs; Automatic ...

In 1980, Robert Metcalfe proposed that a single fax machine on its own is useless, but the value of many fax machines connected to one another results in a network effect that increases exponentially ...

What separates a truly defensible business from the rest? According to Morningstar's Allen Good and Brian Colello, it often comes down to network effects - one of the most powerful sources of economic ...

Recorded live from the Global Dollar Network event, Network Effect in New York City please enjoy this conversation with Raj Dhamodharan, EVP Blockchain / Digital Asset Products & Digital Partnerships ...