Why competitive advantages alone don't guarantee investment success
Great analogy with the cake example. Totally agree that moats matter, but without disciplined management and a reasonable entry price, they can still disappoint. That Microsoft example really drives it home.
Your content is gold, keep it coming!
Thank you!
Outstanding post; good reminders of what to think about when assessing a company. Makes one wonder whether FICO today is MSFT during early 2000s-
Good example!
Great analogy with the cake example. Totally agree that moats matter, but without disciplined management and a reasonable entry price, they can still disappoint. That Microsoft example really drives it home.
Your content is gold, keep it coming!
Thank you!
Outstanding post; good reminders of what to think about when assessing a company. Makes one wonder whether FICO today is MSFT during early 2000s-
Good example!