TSMC: Potential for 60% Upside?

TSMC is one of the most important companies in the world and it's a great play for investors. Why? No matter who comes up with the best chip, TSMC will be the one who will manufacture it.

I only buy companies with a wide moat.

I advise other people to follow this if they are not a hedge fund manager.

Why?

It’s not that you have to keep track of each one of the companies, this is the easy part. If you buy a company with a great many competitors you also have to keep track of the competitors to see whether your business is losing or winning.

T…