Review
A detailed exploration of Warren Buffet′s "wide economic moat"
concept – how to find companies with a true in–built competitive
advantage." Financial Times, Tues 26th February
"Pat Dorsey...discusses in an easy to read style why economic
moats are such great indicators of long term performance."
Pensions World, October 2008
Review
A detailed exploration of Warren Buffet′s "wide economic moat"
concept – how to find companies with a true in–built competitive
advantage." Financial
關於作者:
Pat Dorsey, CFA, is Director of Equity Research at
Morningstar, Inc. He played an integral part in the development of
the Morningstar Rating for stocks, as well as Morningstar′s
economic moat ratings. Dorsey is also the author of The Five Rules
for Successful Stock Investing: Morningstar′s Guide to Building
Wealth and Winning in the Market Wiley. He holds a master′s
degree in political science from Northwestern University and a
bachelor′s degree in government from Wesleyan University. Please
visit www.findingmoats.com.
目錄:
Foreword
Acknowledgments
Introduction
The Game Plan
Chapter 1
Economic Moats
Chapter 2
Mistaken Moats Chapter 3
Intangible Assets Chapter 4
Switching Costs
Chapter 5
The Network Effect
Chapter 6
Cost Advantages
Chapter 7
The Size Advantage
Chapter 8
Eroding Moats
Chapter 9
Finding Moats
Chapter 10
The Big Boss
Chapter 11
Where The Rubber Meets The Road
Chapter 12
What''s A Moat Worth
Chapter 13
Tools For Valuation
Chapter 14
When To Sell
Conclusion
More Than Numbers.