Companies
with a durable competitive advantage can generate value for decades, and the market can be so volatile that timing the ups and downs of stocks isn't a great idea for investors.
Buy businesses
with a durable competitive advantage 5.
Sure enough, the authors made sure to create a rule based on this concept: «By only investing in companies
with a durable competitive advantage, you also reduce long term risk.
Buy businesses
with a durable competitive advantage: this advantage can come from being low - cost to having a brand to having captive customers.
Not exact matches
A major problem
with this point is that inexperienced investors often mistake temporary hype
with companies that have
durable competitive advantages.
My strategy is to find a good business — and one that I can understand why it's good —
with a
durable,
competitive advantage, run by able and honest people, and available at a price that makes sense.
The no - moat firm, in this example, is generating more value for shareholders than the firm
with sustainable and
durable competitive advantages.
Charlie Munger describes the answer succinctly: «We have to have a business
with some inherent characteristics that give it a
durable competitive advantage.»
Investing in pieces of companies through the stock market as well as wholly owned subsidiaries using value investment methods; Buying old economy industries; Purchasing
with the intention to keep not trade; Focusing on
durable competitive advantages; Centralizing capital and reallocating to highest and best use; Being paid (
with float) to hold capital to invest
Many of the attendees were actually making trades on their Blackberry's as their guru spoke in tongues of sub prime lenders
with supposed «moats» (
durable competitive advantages) Finally, after 2 1/2 hours Chew lost his mind and after savagiung the false profit, began eating his young wannabe's.
Companies do not comes
with tags saying «
Durable Competitive Advantage» and «No
Durable Competitive Advantage.»
This is not to say that I am not a fan of larger, well - run businesses
with fantastic economic characteristics and
durable competitive advantage.
You first want to stick
with great businesses that sport high - quality fundamentals and
durable competitive advantages.
Of equal importance, if you can recognize no - moat businesses that are being priced in the market as if they have
durable competitive advantages, you'll avoid stocks
with the potential to damage your portfolio.
«We have to have a business
with some inherent characteristics that give it a
durable competitive advantage.»
-- Keren Blankfeld — Blank Checks — Forbes — I have argued that Berkshire — given its deep management talent, decentralized structure, committed board
with skin in the game, and a growing world - class portfolio of businesses, most of which have
durable competitive advantages hand - picked by Buffett — is undervalued even without Buffett at the helm, and that investors should look at the remaining years we have Buffett, whether its one or twenty, as a free option on his investing genius.
Many of the attendees were actually making trades on their Blackberry's as their guru spoke in tongues of sub prime lenders
with supposed «moats» (
durable competitive advantages) Finally, after 2 1/2 hours Chew lost his mind and after savagiung the false profit, began eating his young wannabe's.
Investing in pieces of companies through the stock market as well as wholly owned subsidiaries using value investment methods; Buying old economy industries; Purchasing
with the intention to keep not trade; Focusing on
durable competitive advantages; Centralizing capital and reallocating to highest and best use; Being paid (
with float) to hold capital to invest