Sentences with phrase «economic moat in»

After all, this is business with a wide economic moat in a «winner take all» industry.
-LSB-...] talking about the important concept of economic moats in the first part of his interview, Prof. Bakshi talks about his thoughts on valuations, mental models, -LSB-...]
After talking about the important concept of economic moats in the first part of his interview, in this second and concluding part, Prof. Bakshi talks about his thoughts on valuations, mental models, diversification, checklists, and why you must buy great businesses for the long term.
You keep believing that there's a «conservative» case for this widening of economic moats in favor of entrenched interests.

Not exact matches

Warren Buffett buys investments with «economic moats» in order to earn safer, higher returns.
Brookfield also has such a huge economic moat — their expertise in the management of real assets has led to a substantial competitive advantage.
The company's drop in margins made us slash our estimates for the year and diminish our overall thesis, as it was one of the first signs that the company's niche economic moat is penetrable.
The problem with using solely an economic moat framework to assess businesses becomes readily apparent in the above example.
Moat versus No - Moat: In this hypothetical example, a moaty firm's operations are more stable — generating more sustainable and durable economic profits into the future (slowly fading blue curve).
In this particular example, however, the moaty firm's total economic value creation (area of blue curve), in absolute and in present value terms, is significantly less than that of the no - moat firm (area of red curve), as calculateIn this particular example, however, the moaty firm's total economic value creation (area of blue curve), in absolute and in present value terms, is significantly less than that of the no - moat firm (area of red curve), as calculatein absolute and in present value terms, is significantly less than that of the no - moat firm (area of red curve), as calculatein present value terms, is significantly less than that of the no - moat firm (area of red curve), as calculated.
In present value terms, the moaty firm generates less than half the economic profit of the no - moat company.
- An economic moat is the advantage one business has over others in its field.
Additionally, Pan highlights, each unit maintains an economic «moat» in its respective industry, separating it from competition to some degree.
This is the fourth in a series of articles highlighting dividend growth companies that have large and durable economic advantages, or «moats», that protect their business operations and allow years or decades of strong profitability.
Sponsored by: Center for Value Investing and Investor Academy Location: Guiollettstraße 14, 60325 Frankfurt am Main 08:00 a.m. - 08:30 a.m. Registration and Welcome Tea 08:30 a.m. - 09:30 a.m. Robert Miles, Author & Conference Organizer & Host [USA] Topic: «The Warren Buffett Manager: Making Investments In The Right Partner» 09:30 a.m. - 10:30 a.m. Hendrik Leber, Managing Director, Acatis [EUROPE] Topic: «How to Value a Business» 10:30 a.m. - 10:45 a.m. Mid Morning Tea 10:45 a.m. - 11:45 p.m. Patrick Dorsey, Author & Director of Equity Research, Morningstar [USA] Topic: «Using Economic Moats to Improve Investment Returns» 11:45 p.m. - 12:45 p.m. Alexis Eisenhofer, Founder and Director, ATACAMA Capital [EUROPE] Topic: «Criteria for Selecting Stocks With Substance: Consider the Value Premium and Value Timing» 12:45 p.m. - 13:45 p.m. Conference Lunch 13:45 p.m. - 14:45 p.m. Prof. Max Otte, Author, Professor and Lecturer [EUROPE] Topic: «The Fallacy of Growth and How to Test for Franchises» 14:45 p.m. - 15:45 p.m. David Pastel, Founder & CIO, Pastel & Associés [EUR] Topic: «Margins of Safety: The Concept with a Thousand Faces.
It said the company has a «strong position in the Asia - Pacific beverages market with the powerful Coca - Cola brand providing it with a relatively stable earnings stream, narrow economic moat and medium uncertainty rating».
Brookfield also has such a huge economic moat — their expertise in the management of real assets has led to a substantial competitive advantage.
In relation to retirement accounts, the wide moat of the Woolly Mammoth parallels the wide economic moat of a $ 10 million dollar investment portfolio.
The ValueShares US Quantitative Value (QVAL) strategy seeks long - term capital appreciation by investing in a concentrated portfolio of 40 or so US exchange traded stocks of larger capitalizations, which the adviser determines to be undervalued but possess strong economic moats and financial strength.
But IBM's once - venerable economic moat had been withered away by massive changes in tech that took IBM (and Buffett, perhaps) by surprise.
This is one of the biggest reasons Warren Buffett doesn't invest in tech companies — it's impossible to even think about what the future economic moat of these companies will be.
To meet Morningstar's criteria for index membership, companies must have a Morningstar Economic Moat rating of narrow or wide and have a Morningstar Distance to Default score in the top 50 % of eligible dividend - paying companies.
Quality Investing means finding companies with good management, stock balance sheets, an economic moat, consistent dividends, stable earnings, efficiently operated, and in the right time of its enterprise life cycle.
However, the company's unique retail position also means it has to maintain its inventory just right, as any degredation in the customer experience (be it through quality, assortment, on - trend fashion, value, etc.) can eat into the company's economic moat.
means finding companies with good management, stock balance sheets, an economic moat, consistent dividends, stable earnings, efficiently operated, and in the right time of its enterprise life cycle.
DIV STRK is consecutive years of dividend increases; DIV YLD is yield using the most recently announced dividend; 5 YR YLD is average dividend yield over the past 5 years; REC DG is most recent year - over-year dividend growth; 5 YR DG is average annual dividend growth over the past 5 years; PRICE was at market close Friday, March 2; FAIR VAL is Morningstar's «Fair Value Estimate»; FWD P / E is price / earnings ratio based on projected 2018 earnings; 5 YR P / E is average P / E ratio over the past 5 years; MOAT is Morningstar's rating of competitive economic advantage; SFT is Value Line's «Safety» score; CRD is Standard & Poor's credit rating; MKT CAP is market cap in billions of dollars.
Included in such funds are the kinds of companies I discussed in an article about stocks Warren Buffett might buy; stocks with wide moats, strong financial positions, and product lines that sell just as well in recession as they do in periods of strong economic growth.A low volatility ETF is an easy way to get exposure to stock - like returns without the crazy up and downs.
Finally, remember that the big danger in a brand - based economic moat is that if the brand loses its appeal, the company will no longer be able to charge a premium price.
I stood at the sidelines until 2009 and since then I invest according to following «system»: (1) saving at least 50 % of my income to increase my stash, (2) investing in Index Funds and shares of high quality companies with a wide economic moat according to my watchlist, (3) reinvest the dividends and (4) repeat over the years.
NOT SURPRISINGLY, WE generally don't find a ton of great long - term stock ideas in retail and consumer services because most economic moats for the sector are extremely narrow, if they exist at all.
By becoming the leader in R&D in many sectors and offering efficient products that work, 3M has created a unique economic moat that can't be matched by its competitors.
Back to the point, NLY does not have a wide economic moat and can suffer tremendously in a heartbeat when things go bad.
Economic moat Warren Buffett first coined the phrase «economic moat» as a way of summing up how robust a firm is in the loEconomic moat Warren Buffett first coined the phrase «economic moat» as a way of summing up how robust a firm is in the loeconomic moat» as a way of summing up how robust a firm is in the long term.
In addition, he seeks out companies that have what he calls «economic moats» — high barriers to entry for a competitor that might wish to invade the market and erode profit margins.
However I think you should take responsibility for Zamano and admit a mistake was initially made in buying a company with a non-existent economic moat, questionable product offering and in a market where competitive rivalry is very intense.
invest in productive assets in order to increase their economic moat and ensure increased future profits
An economic moat is a structural feature of a startup's business model that protects it from competition in the present but enhances its competitive position in the future.
This is the third post in my series of blog posts on economic moats.
Michael Mauboussin, in what is arguably the best essay ever written on moats put it this way, «Companies generating high economic returns will attract competitors willing to take a lesser, albeit still attractive return, which will drive aggregate industry returns to opportunity cost of capital.»
The remaining three sources of an economic moat are Cost Advantages, Efficient Scale, and Intangibles.1 In writing this post I am trying to consolidate what I have learned about intangibles & -LSB-...]
If you want to be a successful investor, study and develop an understanding of a company's position in the industry, its products, its economic moat, and its valuation.
Economic Moat, a term coined by Warren Buffett, means a company's competitive advantage over other companies in the same industry, that protects its long - term profits.
Pat was instrumental in the development of Morningstar's economic moat ratings, as well as the methodology behind Morningstar's framework for analyzing competitive advantage.
+ An economic moat is a perceived competitive advantage that acts as a barrier to entry for other companies in the same industry.
In many ways this is a testament to a fantastic economic moat and a very impressive business.
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