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.
  

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

User Review  - Mohamed Fasil - Goodreads

Fantastic book for learning about moats. This books clearly explains what the moat is and how they are build around business. Pat Dorsey has neatly written in a simple to understand manner and I could ... Read full review

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

User Review  - Dangewehr - Goodreads

A very easy-to-read book about moat and competitive advantages. Read full review

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

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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.

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