Sentences with phrase «moat which»

The Last Siege, published in October 2006, tells the tale of a chance encounter on the snowy slopes of a castle moat which throws together three lonely teenagers whose playful dares turn into a frenzy of nightmarish action when a re-enactment of a castle siege becomes very real.
Scalable moats which can take in capital i.e., the business can grow rapidly but they need incremental capital for that growth and that capital is usually provided by keeping dividend payout ratio low.
While it is certainly profitable to own an unregulated monopoly, the number of businesses today that have moats which can be considered a monopoly is vanishingly small.
The most important point made in these sentences by Charlie Munger is that the great moats which exist in the world tend to have an aggregate value that is more than the sum of the parts.

Not exact matches

Additionally, you'll want to investigate partnerships with vendors such as Moat and IAS, which are tracking mobile viewability to ensure that your mobile ad campaign can be seen.
However, its deepest moat is surely its extensive fulfillment center network, which it's long been pouring money into building out.
The bitcoin moat is being built even wider by Bitcoin Lightning Network, which was released this week both increasing speed and resulting in dramatically lower fees.
The five primary factors which can help create a moat, either alone or in combination with other factors, are as follows:
Morningstar awards Wal - Mart a wide moat rating, which is its highest designation for a company's competitive strengths.
It is that difference which can create a moat for a business.
We believe that Low / No Moat companies are so subject to the competitive nature of the markets in which they operate that their future is far more governed by luck than by conditions within their control.
Low / No Moat: Companies that may be perfectly well run and sell good products / services, but which do not exhibit characteristics that prevent other companies from competing away there profits if they start earning attractive returns.
«It has been the tragedy of the Church that men blew up the portcullis of the fortress and filled in the moat with a happy zest, before they had any new strategy or new formulation of thought through which to focus anew and to develop anew the riches of the Faith.
Other athletes use their dogs to erect stockades, garrisons, barbed - wire fences, moats in which the dogs themselves serve as the alligators... and some athletes, like Kenny Norman of the Atlanta Hawks, assign their dogs the intricate task of enforcing a policy of exclusion while at the same time setting the standard for admission.
They're barely ahead of the Giants, who play in a moat of pudding with restrictor bolts jammed into their necks, which is a stark contrast to the homer - friendly Great American Ball Park.
The former agriculture minister made perhaps the most infamous expenses claim when he put in a bill which included the cleaning of his moat in his country estate, and was awarded the dubious honour of being the first MP to step down over the scandal.
MacShane had previously written an article for The Guardian in which he played down the expenses scandal, writing, «There will come a moment when moats and manure, bath plugs and tampons will be seen as a wonderful moment of British fiddling, but more on a Dad's Army scale than the real corruption of politics.»
Singapore About Blog Kyith Ng is the founder of Investment Moats, which mentors you on wealth management towards Financial Independence.
http://teacher.scholastic.com/reading/ Teaching Reading Is Rocket Science What Expert Teachers of Reading Should Know and Be Able To Do Author: Louisa Moats The American Federation of Teachers commissioned this valuable resource which includes issues such as Preventing Reading Failure: A Top Priority for Education, Taking Stock of Teacher Preparation in Reading, Toward a Curriculum for Teacher Preparation, Where we need to go.
The event was a virtual field trip, broadcast live from the moat at the Tower of London, amidst the breathtaking art installation created by artist Paul Cummins: «Blood Swept Lands and Seas of Red» which features 888,246 ceramic poppies planted in the moat.
But Intel's real worth is primarily a function of its intellectual property, which forms the foundation for its moat.
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.
Currently there are 50 stocks that make the cut, all of which are high quality, have large moats that have allowed them to continue to prosper during all points of the business cycle, even raising dividends during times of recession.
Apart from the fundamentals, it's important to check the quality of the company which includes finding out your circle of competence, moat, management etc..
Yet in its annual reconstitution last month, the Market Vectors Wide Moat ETF (MOAT), which is based on the Morningstar Wide Moat Focus Index, replaced 9 of its 20 holdiMoat ETF (MOAT), which is based on the Morningstar Wide Moat Focus Index, replaced 9 of its 20 holdiMOAT), which is based on the Morningstar Wide Moat Focus Index, replaced 9 of its 20 holdiMoat Focus Index, replaced 9 of its 20 holdings.
Last I checked, Facebook still had an unassailable moat in its particular niche of the social media world, which consist of photo sharing and social networking.
Cove Point and the ACP contribute to Dominion being the only utility to receive a «wide» moat rating from Morningstar, which believes those operations will give the company «sustainable competitive advantages.»
The main competitive advantage for CWT is its industry, which has a very wide economic moat.
In length, an array of authors argue that stocks / businesses, which have exhibited industry - beating returns on capital, often possess a competitive edge, a moat, of which there are four types:
Despite being a fairly capital intensive business selling commodity products, CMP's competitive advantages have helped it maintain a very strong and consistent operating margin profile, which is often the sign of an economic moat:
But not - so - easy point to get is that businesses with enduring moats are more attractive as investments than those which don't have enduring moats even at relatively higher prices in relation to assets, recent earnings and cash flows.
First, I applied the method to a business model which is suited to that method (easy to understand, moated businesses, with a dominant market position and strong long - term growth prospects derived from both business volume growth as well as realisation growth).
There are all sorts of business decisions which the management can take that will increase the size of moat of a business over time but will also reduce its near term earnings.
That something significantly better could be another moat business which has also passed the management quality tests and, at its current asking price, offers a significantly better expected return.
Most value investors understand that leaving the question of price aside, businesses with enduring moats are more attractive as investments than commodity - type businesses which have no low - cost advantages.
I bought a large position in a business which I believed had moat characteristics.
When you companies with strong brands, IP and technology which is recognized all over the world things like «moats» and extremely long term investing works there.
And Morningstar awards TROW a Wide Moat rating, which is its best score.
The other wide moat factor is the name brand, which is highly important to industry consumers, who have historically proven to be less price sensitive and very brand loyal.
Heineken offers a broad economic moat and stable free cash flow of which around 30 % is returned to shareholds each year.
Another part of GD's moat is the complex nature of military contracts, most of which are fixed - price, cost plus arrangements (32 % of total revenue in 2016) that take years to bid on and finalize.
He likes firms that have wide moats around their businesses which they can use to fend off competitors.
A moat is what gives a company a competitive advantage which allows it to generate and maintain high returns on capital by keeping competitors at bay.
And so, paying up is often required — well, at least from a traditional value perspective — which, almost inevitably needs to be justified via comprehensive study of the company & its management, its capital allocation, its products & business model, its industry dynamics, and (most of all) whether it enjoys a significant, sustainable & (ideally) an expanding competitive advantage (i.e. an economic moat).
Which implies an intense focus on intangibles like management, moats, business models, research & development, disruptive advantage, costs, margins, peer / sector analysis, scuttlebutt, and all manner of other SWOT, scenario & competitive analyses — yes, all the difficult & squishy stuff that never boils down nicely to a cheap price / book ratio.
Most knowledgeable dividend investors would not touch NLY simply because of how they earn the high yield (purchasing mortgages and other high risk securities)-- which does not have the characteristics of a wide economic moat.
On the other hand, a skilled management team can take actions which can improve a company's competitive position, widening the moat.
Moat is a metaphor used by Warren Buffett to explain the economic characteristics of those businesses which have sustainable competitive advantage.
a) «The Five Rules for Successful Stock Investing» (2004)-- can't recommend this enough, one of the very few books which offers investing valuation & metrics, economic moats, and a guided tour of the major market sectors (detailing unique dynamics / jargon, metrics & valuation approaches for each).
Again, it's all about focusing on the companies which have the economic moats to consistently charge higher prices, or offer low prices, than their competitors.
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