Why Moats Matter

Why Moats Matter

The Morningstar Approach to Stock Investing

Book - 2014
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Economic moats, referring to the advantages a company has over its competitors, are competitive structures that help great companies continue to be great investments. Stock in a company with a wide economic moat is usually a much safer investment. This book will: Introduce Morningstar's approach to investing; establish the difference between business quality and undervalued stocks; explain economic moat and its network effect, cost benefits, and efficient scales; discuss industry standards for determining moats Help determine what moat means for stock returns and their impact on stock valuation.
Publisher: Hoboken, NJ : Wiley, c2014
ISBN: 9781118760239
1118760239
Characteristics: xii, 228 p. : ill. ; 24 cm

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