Tools

Search

Explore

Videos Channels Figures

Atmrix

About

Tools

Search

Explore

Videos Channels Figures

Atmrix

About

CM

Charles Munger

07/21/21

@ Life Stories

A durable competitive advantage is essential; you want an advantage that will sustain itself without overwhelming skill for a long time.

Video

LS

Charles Munger Interview: The Power of Partnership with Warren Buffett

@ Life Stories

Charles Munger Interview: The Power of Partnership with Warren Buffett

07/21/21

Related Takeaways

CW

Chris Williamson Cast

12/17/24

@ Chris Williamson

Durability is crucial because most profits in technology companies are realized 10 to 20 years later, emphasizing the importance of long-term vision and endurance.

YC

Y Combinator Cast

04/09/22

@ Y Combinator

A structural advantage with a subpar product won't win; however, a good enough product can succeed if it has a structural advantage.

SA

Sam Altman

08/30/18

@ Y Combinator

A competitive advantage is essential for startups, and founders should have a clear plan for how to achieve it over time.

RR

Richard Rumelt

01/21/24

@ Lenny's Podcast

Power in strategy is about exploiting asymmetries; you need to have some advantage that differentiates you from your competitors.

WF

Wade Foster

08/19/17

@ Y Combinator

Understanding your competitive advantages and locking them in is vital for success; for us, having the most integrations creates a significant competitive moat.

RH

Raza Habib

03/01/23

@ Y Combinator

The feedback data from applications can create a competitive advantage, but it may not be sufficient to prevent others from catching up in the long run.

DS

David Senra

12/17/24

@ Chris Williamson

By endurance, we conquer; persistence and consistency are key to overcoming challenges and achieving long-term success.

EG

Elad Gil

03/09/18

@ Y Combinator

A defensible business model is essential for long-term success, and real moats, such as network effects, are more valuable than perceived ones.

HI

Harvard Innovation Labs Cast

02/02/14

@ Harvard Innovation Labs

To gain a competitive advantage, identify where your competitors are vulnerable and leverage that to create a dual benefit for your business.