The Little Book That Builds Wealth - Morningstar's Knock-out Formula-logo

The Little Book That Builds Wealth - Morningstar's Knock-out Formula

Pat Dorsey

All highly profitable firms attract competitors, and only firms that are able to keep competition at bay will earn above-average profits for an extended period of time. An economic moat - or competitive advantage - allows a company to fend off competitors and earn sustainable excess economic profits.The Little Book That Builds Wealth

All highly profitable firms attract competitors, and only firms that are able to keep competition at bay will earn above-average profits for an extended period of time. An economic moat - or competitive advantage - allows a company to fend off competitors and earn sustainable excess economic profits.The Little Book That Builds Wealth
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Description:

All highly profitable firms attract competitors, and only firms that are able to keep competition at bay will earn above-average profits for an extended period of time. An economic moat - or competitive advantage - allows a company to fend off competitors and earn sustainable excess economic profits.The Little Book That Builds Wealth

Language:

English

Narrators:

Steve Blane

Length:

4h 54m


Chapters

Chapter 1
Chapter 1

01:02:22


Chapter 2
Chapter 2

01:01:07


Chapter 3
Chapter 3

59:03


Chapter 4
Chapter 4

01:00:11


Chapter 5
Chapter 5

51:36