Why Disney and Apple Keep Thriving Despite Competition

Disney, no matter what the share price is, no matter what it's going through, it has a moat and has, the reason is because its competition doesn't have theme parks, it doesn't have all the ip, it doesn't have the name recognition, it doesn't have top management. That's about Apple. But, but let me challenge you there for a minute and I full disclosure for everyone. This is not a financial show. We are not giving any financial investment advice. You're not a registered advisor seeking clients. I'm not, yeah. I've got a Series 7, Series 63, but I'm not a financial advisor active. No one's trying to raise money or sell any securities on this show today. But let's just look at Apple. I mean, I have significant holdings in Apple in my index funds. But, but they have, I mean they have competition all over the place. Other people are trying to sell phones. Android is competing with them every day. You've got Federal trade commissions and governments in the United States and throughout Europe constantly saying they're guilty of restraint of trade. They could have major regulatory actions against them. Is it really true that they are destined to have continued trillion dollar growth the way they've been on for the last decade or so? Yes, yes and yes. And here's the reason you, if you have an Apple phone, you're not going to switch to Samsung because Apple has a network. Your iPad's not going to be connecting with it. This is important. Apple has name recognition. This is, it's so essential. Apple, there's a very high barrier to entry. So what that means is you're going to have to do a lot of switching. It's going to be a lot of work to go from Apple to competition. Now granted, my daughter has a Samsung because that's what her company has given her and she thinks that's as good as anything else. And that's terrific. The point is it has intangible assets. How much intellectual property does this have? The key is there are certain stocks that have wide moats. And the only reason I say that means it's wide Tesla. We're not even going to Tesla. However, Tesla has brand recognition. The founder has plenty of money and could do what he wants when he wants. It doesn't mean it's a wide moat. Maybe it's a narrow moat. However, it still differentiates itself from its competition. And these battery, these EV charge centers is most likely going to be one of the major hooks for Tesla. So the key is, it's important to understand what is it who are you? What's your risk tolerance? And. And again, I'm not an advisor. I'm simply telling you this is. I want people to at least understand the language of investing so when they have a financial advisor, they can at least understand that the person's not speaking Greek. They can have some fluency and be able to ask questions, be able to feel smart rather than say, yes, yes, yes, and not understand. That's what this is about.