Mike PhilbrickVanEck Morningstar Wide Moat ETFMOAT-CBOETOP PICKNov 06, 2026
Warren Buffett likes to talk about companies having an economic moat -- a valuable brand, IP, established distribution networks, etc. Morningstar looks for these moats, and then buys only if trading at reasonable valuations. Result is a bit of a quality/value tilt, which tends to identify durable franchises.
Looking down the road, this approach can be used to identify the eventual winners of AI technology, with value in mind, but which won't necessarily be the household names we're all familiar with. MER is 0.46%.
Warren Buffett likes to talk about companies having an economic moat -- a valuable brand, IP, established distribution networks, etc. Morningstar looks for these moats, and then buys only if trading at reasonable valuations. Result is a bit of a quality/value tilt, which tends to identify durable franchises.
Looking down the road, this approach can be used to identify the eventual winners of AI technology, with value in mind, but which won't necessarily be the household names we're all familiar with. MER is 0.46%.