60 books
—
40 voters
Goodreads helps you keep track of books you want to read.
Start by marking “The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments” as Want to Read:
The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments
by
In The Little Book That Builds Wealth, author Pat Dorsey--the Director of Equity Research for leading independent investment research provider Morningstar, Inc.--reveals why competitive advantages, or economic moats, are such strong indicators of great long-term investments and examines four of their most common sources: intangible assets, cost advantages,
...more
Get A Copy
Hardcover, 200 pages
Published
March 1st 2008
by Wiley
(first published January 1st 2008)
Friend Reviews
To see what your friends thought of this book,
please sign up.
Reader Q&A
To ask other readers questions about
The Little Book That Builds Wealth,
please sign up.
Be the first to ask a question about The Little Book That Builds Wealth
Community Reviews
Showing 31-60
Start your review of The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments
If you have already read Pat Dorsey's The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market, then there's no need to read this book.
This book is mostly about the " Moat" a word,made famous by legendary investor Warren Buffet.This book is useful for those who want to learn about the moat like what is moat,what is not,how to identify the moat and some discussion about the variables to select stock.
An enjoyable read. The focus is primarily on moats; the unique and competitive factor a business has. Concise, to the point, and on a personal note I really like that each chapter features its major takeaways on the last page.
A book that describes the whole process in of safe investment practice with a great emphasis on moat investment. Written in a lucid language, it helps to understand some of the most relevant topics of investment process.
A good book on competitive advantages. If i had not been enlightened before by other great ones on this topic, such as my all time favorite by Porter, this might be a 5-star.
Also well written, with wit and clarity.
Also well written, with wit and clarity.
Very insightful, though not very technical because it's meant to be something presented to the public. That's why I gave it 4 instead of 5, but it could also be the reason why someone gives it a 5 instead of a 4.
We should build a moat!
This is an excellent introduction to economic moats, covering the Morningstar approach to analyzing competitive advantages extremely well. It's a pretty quick read and worth it's weight in gold.
This is an excellent introduction to economic moats, covering the Morningstar approach to analyzing competitive advantages extremely well. It's a pretty quick read and worth it's weight in gold.
Amazing book on Investment, delves into a very wide topic, Moat coined by Warren Buffett and what's amazing is he related almost every aspect of business fundamentals to the concept of Moat. This really is a little book that will build wealth if you're willing to follow it.
Easy to read, understand.
Author has condensed the complicated steps into a few chapters. It’s Recommended for a re-read and practice. It’s more like a practical book for different level of investors to walk out of the running maze of the investment world.
Author has condensed the complicated steps into a few chapters. It’s Recommended for a re-read and practice. It’s more like a practical book for different level of investors to walk out of the running maze of the investment world.
Great book about economic moats and stock valuation.
Hands down, best book on the subject of moats and what makes a company a great investment over the time. Would recommend to anyone who is remotely interested in investing.
Must read
Liked it very much, it's very clear and the last chapter very packed of interesting stuff!
The first 75% was pretty fundamental (no pun intended). It got better in the last 25% when he got into P/E ratios and summarizing how to apply his principles in concrete examples.
This review has been hidden because it contains spoilers. To view it,
click here.
Excellent book.
Full detailed review at this blog post:
https://yoursnitin.wordpress.com/2019...
Full detailed review at this blog post:
https://yoursnitin.wordpress.com/2019...
Great strategy refresher. Didn't know heating duct companies can be so profitable
One of those little books which gives you clear advice if you are trying to understand Buffett school of thought.
Simple read
A Must Read to understand concept of MOAT.
A Very good book.
Good introduction to value investment. Nothing much in new information if you have been in the ring for a while. Describes a good deal about moats, switching costs, network effect, etc.
A good round up of essential investing principles. A must read for anyone interested in self managed securities investing.
This is a beginners guide to investing world. Any novice investor can pick this book as it has very less jargon and explaining the concepts with simple language.
Quick practical read that the novice investor can understand.
The book is well written and insightful....must read
It began being completely different than I thought, but Improved continuously until becoming really good.
Not so good as others comments said. But it wasn't bad. Maybe I was expecting much more from there.
Amazing book with a simple language explaining the difficult art of moat investment philosophy. Liked the examples as they are relevant for any market.
Great book on understanding economic moats
There are no discussion topics on this book yet.
Be the first to start one »
Readers also enjoyed
No trivia or quizzes yet. Add some now »
“unless a company has some kind of economic moat, predicting how much shareholder value it will create in the future is pretty much a crapshoot, regardless of what the historical track record looks like. Looking at the numbers is a start, but it’s only a start. Thinking carefully about the strength of the company’s competitive advantage, and how it will (or won’t) be able to keep the competition at bay, is a critical next step.”
—
0 likes
“Even the Best Company Will Hurt Your Portfolio If You Pay Too Much for It.”
—
0 likes
More quotes…
