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Why Moats Matter: The Morningstar Approach to Stock Investing Audiobook
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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
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About Julie Eickhoff
Pennie Mae Cartawick is a bestselling author of both fiction and nonfiction books. Her work is based on a variety of subjects including recipes, weight management, nutrition, and horror novelettes, but she is best known for her new Sherlock Holmes mystery series. She was born in the city of Sheffield in South Yorkshire, England, and migrated to Florida in 1993, where she has been living ever since. Although her profession nowadays is as a real estate investor and a freelance beauty consultant, her passion is writing, and she uses the knowledge she acquired throughout the years on various subjects to enlighten others.