This flexibility allows them to take market share and build economic "moats" around their businesses.
Meru, its five inter-nested rectangular walls and moats represent chains of mountains and the cosmic ocean.
And I saw firsthand that the durability of technology moats is many times an oxymoron.
Khlong Phadung Krung Kasem is the third of the original moats around Rattanakosin but there are no boat services here.
People are feeling for their jobs while MPs are spending public money on cleaning moats and tennis courts.
But, according to Mary Buffett, Warren Buffett has used some quantitative measures to find companies with those enduring moats.
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But U.S. Bancorp has powerful market shares in many states, the sort of economic moats that Buffett seeks out.
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Certain details of that time will always stay with me: the pool where we swam, the beach where we dug moats.
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For decades, if not longer, traditional news brands promoted their stars and built moats around them to keep the audience away.
The structure gives the position accountability and credibility, says Maria Moats, an audit partner who recently became the firm's fifth CDO.
And moats are the most important thing around any kind of business.
Moats, turrets and drawbridges can be splendid to behold, but if your home is truly your castle, the upkeep can be overwhelming.
Reagan was concerned about a fence, while the recent crop of would-be-Reagans spout nonsense about walls with moats topped by electrified fences.
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Its brands have value, but its core businesses have no moats.
Natural moats mean unrivaled privacy, 360-degree water views, and zero traffic.
Our children, Isabelle, Sophia, and Daniel, were creating islands and moats in the sand as the ocean slowly rose, sending a trail of water through their creations.
But whereas the other states allowed gambling only on riverboats, Mississippi added an ingenious loophole that let gambling halls be constructed on barges that float in moats.
If retrenchment from the marketplace is the course nations wish to take, we can only let them go off behind their moats to draw down their legacy wealth.
Dividend investors take note that Grantham adamantly does NOT like these stocks for their significant dividend yields, but rather for their sustainable world class businesses and sizable moats.
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While acknowledging that a CDO's results can be difficult to quantify, Ms. Moats, who is Mexican-American, credits her predecessors with the recent increase in female leaders at the firm.
Believing that newspapers were still, as they always had been, protectable products with moats around their geographic markets, Tribune paid handsomely to buy several papers, including the Los Angeles Times.
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The Big Three failed because they were so successful and so intricately linked to the employment structure of the U.S. economy, that they did not pay attention to their competitive moats.
In the technology sector the moats are notably narrower, Morningstar says, noting the risk posed by lax intellectual property protections in China and preference granted to local companies over foreign corporations.
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The bigger reason, though, is that an election campaign now would be dominated by discussion of second homes, moats and duck houses not subjects which should determine the shape of a five-year parliament.
In the Imperial Palace's moats, there is an even graver concern that the largemouths will gobble up the native goby, a fish that Emperor Akhito, a trained icthyologist, has a particular affection for.
The bass, as they always do, proliferated--either moved by migrating birds or fishing enthusiasts--and are now found in lakes from the capital to Kyoto, and even in eight of the 13 moats that surround Tokyo's Imperial Palace.
Tory MPs with their moats and country homes and porticoes (whatever the hell they are) have already got away from the working classes as fast as they possibly could and now use their expenses to shore up the defences.
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