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Tong Huang'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
Awesome little book about "Moats", fun to read and packed with ideas!
"Great products, great size, great execution, and great management do not create long-term competitive advantages. They are nice to have, but they are not enough. The four sources of structural competitive advantage are intangible assets, customer switching costs, the network effect, and cost advantages."
"Great products, great size, great execution, and great management do not create long-term competitive advantages. They are nice to have, but they are not enough. The four sources of structural competitive advantage are intangible assets, customer switching costs, the network effect, and cost advantages."
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Reading Progress
January 31, 2018
–
Started Reading
January 31, 2018
– Shelved
February 6, 2018
–
Finished Reading
