In February 2025, I wrote my last article about Adyen N.V. ( OTCPK:ADYEY ) and argued once again that the stock is fairly valued at best. In the conclusion of my lastMy analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap companies).My academic backgrou ...