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The Little Book That Builds Wealth
- Morningstar's Formula for Finding Great Investments
- De: Pat Dorsey
- Narrado por: Steve Blane
- Duración: 4 h y 54 m
- Versión completa
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General4.5 out of 5 stars 194
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Narración:4.5 out of 5 stars 143
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Historia4.5 out of 5 stars 144
All highly profitable firms attract competitors, and only firms that are able to keep competition at bay will earn above average profits for an extended period of time. An economic moat - or competitive advantage - allows a company to fend off competitors and earn sustainable, excess economic profits.
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3 out of 5 stars
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Good, but really needs updating
- De John en 06-25-11
- The Little Book That Builds Wealth
- Morningstar's Formula for Finding Great Investments
- De: Pat Dorsey
- Narrado por: Steve Blane
Great conceptual framework
Revisado: 12-18-15
The book provides a great conceptual framework in identifying moats, and finding businesses with predictable financials over long periods of time.
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