The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments

The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments

English | 2008 | ISBN: 047022651X | 126 Pages | EPUB | 0,5 MB

In The Little Book That Builds Wealth, author Pat Dorsey-the Director of Equity Research for leading independent investment research provider Morningstar, Inc.-reveals why competitive advantages, or economic moats, are such strong indicators of great long-term investments and examines four of their most common sources: intangible assets, cost advantages, customer-switching costs, and network economics. Along the way, he skillfully outlines this proven approach and reveals how you can effectively apply it to your own investment endeavors.

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