The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments (Google eBook)

Front Cover
John Wiley & Sons, Dec 28, 2010 - Business & Economics - 126 pages
15 Reviews
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.
  

What people are saying - Write a review

User ratings

5 stars
5
4 stars
7
3 stars
3
2 stars
0
1 star
0

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

User Review  - Nathan Dellinger - Goodreads

Pat Dorsey does an excellent job at explaining some of the thoughts that go into the valuation of a company. The language is easy to understand and the writing is concise and to the point, making the ... Read full review

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

User Review  - Palash Kusumwal - Goodreads

While the author's focus is on picking good stocks, this is a good read for entrepreneurs to understand how industry analysts & investors analyze your company when you're in a very competitive industry. Concept of economic moats explained in a very easy to follow way. Read full review

Related books

Selected pages

Contents

The Game Plan
1
Economic Moats
7
Mistaken Moats
15
Intangible Assets
29
Switching Costs
43
The Network Effect
57
Cost Advantages
75
The Size Advantage
91
Finding Moats
115
The Big Boss
133
Where the Rubber Meets the Road
143
Whats a Moat Worth?
159
Tools for Valuation
171
When to Sell
187
More than Numbers
197
Copyright

Eroding Moats
103

Common terms and phrases

About the author (2010)

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.

Bibliographic information