Chosen by shared topics, the entries that hold them, and the people who recommended both.
Barriers to entry as the only durable source of a toll.
Recommended by: Mohnish Pabrai, Li Lu
Recommended by: Mohnish Pabrai
How to spot a durable economic moat from public information, and what isn't one.
Recommended by: Mohnish Pabrai
Wiley published it in 2020.
“George has also written a book on value investing, From Theory to Practice, which I highly recommend.” — Prem Watsa
Source: Fairfax Financial 2021 Shareholders' Letter, p. 35
Recommended by: Mohnish Pabrai, Prem Watsa, Joel Greenblatt and 1 other
Seven sources of lasting advantage, each a benefit plus a barrier to rivals.
Recommended by: Alex Lieberman, Brett Adcock, Daniel Ek and 6 others
The value chain: how to find where a firm's cost or differentiation advantage lies.
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