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Anri's Reviews > The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments
The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments
by
by
This was an interesting book - short, but with one main message: There are companies out there, with certain lasting advantages. These advantages can be regulatory, network, location, patent, brand-based, etc, but we'll call them companies with a moat - companies with a means to fend off competition economically. You should invest in these companies when you recognize them as being undervalued.
That's basically it! I didn't completely understand the valuation parts though.
That's basically it! I didn't completely understand the valuation parts though.
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Reading Progress
Started Reading
June 23, 2017
–
Finished Reading
June 25, 2017
– Shelved
June 25, 2017
– Shelved as:
non-fiction
June 25, 2017
– Shelved as:
money
