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

Author : Pat Dorsey
Price : Rs 299.00
ISBN 13 : 9788126565948
ISBN 10 : 8126565942
Pages : 224
Type : Paperbound
Remarks : Exclusively distributed by Penguin Books

9788126565948

Details

The book is divided into six parts. Each part is a step along the path to understanding and discovering what an "economic moat" is, how to measure it against other moats and finally, how to best select a company. The moat concept is not a new one. It was made famous by Benjamin Graham and Warren Buffett. But, it has been a long time since anyone has revisited the concept and applied rigorous financial analysis to the concept. In this Little Book Pat Dorsey explains exactly how to measure a moat and how to profit very well from the analysis. This is not straight value investing and it is not straight growth investing. It is buying high quality, growing companies, with a nice niche, at a good price. 

 

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.

 

Pat Dorsey is director of stock research for Morningstar. Dorsey is the author of The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market and The Little Book that Builds Wealth: The Knockout Formula for Finding Great Investments. He joined Morningstar in 1998 as a senior equity analyst covering the telecommunications equipment and computer hardware industries. He played an integral part in the development of the Morningstar Rating(TM) for stocks, as well as Morningstar's economic moat ratings.