Moats: Measuring, Exploitations and Challenges, Quality vs. Price

Michael Lee of Hypotenuse Capital Management shared his wisdom and insights into the nature and features of moats at Wide-Moat Investing Summit 2018.

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About the instructor:

Michael J. Lee is the founder of Hypotenuse Capital Management, an investment management firm based in Los Angeles, CA. Hypotenuse seeks to invest intelligently in exceptional leaders running extraordinary companies that deserve to win. Prior to founding Hypotenuse, Michael was a partner at Royal Capital Management in New York, a private equity associate at Parthenon Capital in Boston, and an investment banking analyst at Bear Stearns. He sits on the board of directors of the P.F. Bresee Foundation, a non-profit organization devoted to breaking the cycle of poverty and violence in Central Los Angeles. Outside of investing and philanthropy, Michael enjoys rock climbing, swimming and playing board games with his wife and two children.