The Little Book That Builds Wealth
The Knockout Formula for Finding Great Investments
by:
Pat Dorsey
in:
Investing
Summary:
The book provides insights into identifying companies with durable competitive advantages, or "economic moats," that enable them to sustain long-term profitability and fend off competition. It offers strategies for investors to assess these moats and make informed decisions to build a successful investment portfolio.
Key points:
1. Economic Moats: Invest in companies with a sustainable competitive advantage, or "economic moat," to ensure long-term profitability.
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