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Summary

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

Duration: about 8 hours (08:08:48)
Publishing date: 2021-11-14; Unabridged; Copyright Year: 2021. Copyright Statment: —

• Business & Economics