Self-LearnInvesting (Pat Dorsey on Moats (Operating Leverage, Network…
(Pat Dorsey on Moats
, Akre on Investing
, Margin of Saftey
It is buying shares at a lower price than the interinsic value.
, Earning Power is a distinguishing factor which drives the market value of companies.
1.Look at true cash generation rather than superficial earnings.
- It is better to look for companies depending on few key drivers
- Better to look for companies driven by revenue rather than costs.
, Understand the Industry and in which few companies in the industry is the market value is concentrated in.
, Compounding Effect
For example The gift for the chess inventor