Does Figs' Business Have a Defensible Moat?
Investing legend Warren Buffett often talks about his love for businesses with "moats" -- businesses than can sustain competitive advantages over a long period of time. And investors are wondering if medical scrubs maker Figs (NYSE: FIGS) has a moat for its fast-growing business.
In this video from Motley Fool Backstage Pass, recorded on Nov. 1, Fool contributor Danny Vena talks with Fool contributor Jason Hall about how Figs may not have a moat per se. But its brand is well loved and it's a first mover, which can give it an edge over other apparel companies.
Source Fool.com
