The Little Book That Builds Wealth

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Competitive advantages, known as economic moats, are highlighted as key indicators of successful long-term investments in this insightful guide. Pat Dorsey, an expert in equity research, explores four primary sources of these advantages: intangible assets, cost advantages, customer-switching costs, and network economics. He provides a clear framework for understanding and applying these concepts to enhance your investment strategies, making it a valuable resource for both novice and experienced investors.