April 2020 – Random Thoughts on Recent Stock Market Events II

April 2020 – Random Thoughts on Recent Stock Market Events II

April 2020 – Random Thoughts on Recent Stock Market Events II Don’t Rely on Your Future Market Predictions Too Much The rush for commentary on the COVID-19 is out and many investors are publicising their perspective on the daily news that is being reported.  Some well...
January 2020 – Understanding a “Cost” Moat

January 2020 – Understanding a “Cost” Moat

January 2020 – Understanding a “Cost” Moat Cost competitiveness does not immediately present itself as unique characteristic that would give a company a permanent edge over others.  For one, all companies compete on cost and it would be hard to find...
January 2020 – Understanding a “Cost” Moat

December 2019 – Understanding a “Network” Moat

December 2019 – Understanding a “Network” Moat As mentioned in November’s memo an Economic Moat is defined as something intrinsic, embedded in a business that allows it to charge higher than normal rates over a sustained period which somehow protect...
January 2020 – Understanding a “Cost” Moat

November 2019 – Understanding a “Switching Cost” Moat

An economic “Moat” is defined as something intrinsic, embedded in a business that allows it to charge higher than normal rates over a sustained period which somehow protect it from competitive forces. There are several different types of moats, but some moats get a...