Why Moats Matter - The Morningstar Approach to Stock InvestingPevná vazba
Incorporate economic moat analysis for profitable investingWhy Moats Matter is a comprehensive guide to finding great companies with economic moats, or competitive advantages. This book explains the…
Specifikacia Why Moats Matter - The Morningstar Approach to Stock InvestingPevná vazba
Incorporate economic moat analysis for profitable investingWhy Moats Matter is a comprehensive guide to finding great companies with economic moats, or competitive advantages. This book explains the investment approach used by Morningstar, Inc., and includes a free trial to Morningstar's Research.Economic moats--or sustainable competitive advantages--protect companies from competitors. Legendary investor Warren Buffett devised the economic moat concept. Morningstar has made it the foundation of a successful stock-investing philosophy.Morningstar views investing in the most fundamental sense: For Morningstar, investing is about holding shares in great businesses for long periods of time. How can investors tell a great business from a poor one? A great business can fend off competition and earn high returns on capital for many years to come. The key to