11 min
The Little Book That Builds Wealth by Pat Dorsey The Kickstart Garage
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- Business
On today's episode, Sam runs through the key takeaways from The Little Book That Builds Wealth by Pat Dorsey.
The little book that builds wealth provides a sensible framework for identifying companies that can sustain high returns on capital. In the book, Pat shows how an investor can look for a durable competitive advantage in choosing equities. He goes through four sources of structural competitive advantage those being; Intangible Assets, Switching Costs, Network Effects and Cost Advantages that are particularly valuable in selecting long term equities.
If you enjoyed this episode and would like to be notified weekly about the latest episode be sure to subscribe to the newsletter: https://buff.ly/2PMUDrN
On today's episode, Sam runs through the key takeaways from The Little Book That Builds Wealth by Pat Dorsey.
The little book that builds wealth provides a sensible framework for identifying companies that can sustain high returns on capital. In the book, Pat shows how an investor can look for a durable competitive advantage in choosing equities. He goes through four sources of structural competitive advantage those being; Intangible Assets, Switching Costs, Network Effects and Cost Advantages that are particularly valuable in selecting long term equities.
If you enjoyed this episode and would like to be notified weekly about the latest episode be sure to subscribe to the newsletter: https://buff.ly/2PMUDrN
11 min