What causes a dominant company to lose an advantage that once looked almost impossible to disrupt?
In this episode of The Canadian Investor Podcast, Simon and Dan look at four companies that were once leaders in their industries but made strategic decisions that helped erode their competitive advantages. From AOL failing to adapt to the open internet and BlackBerry reacting too slowly to the smartphone revolution, to Mylan aggressively raising EpiPen prices and Nike pulling back from the wholesale relationships that helped make its brand ubiquitous.
They break down the management mistakes behind each decline and, more importantly, the warning signs investors can watch for when a successful company begins taking its moat for granted
Stocks discussed: NKE, BB, VTRS
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