Pat Dorsey: How Mgmt Decisions Effect Moats – $AMZN $WMT $TGT $NOK $CSCO $GRMN $CTAS

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Pat Dorsey: How Mgmt Decisions Effect Moats – $AMZN $WMT $TGT $NOK $CSCO $GRMN $CTAS
<a href="https://pixabay.com/users/AnandKZ/">AnandKZ</a> / Pixabay

Pat Dorsey: How Mgmt Decisions Effect Moats - $AMZN $WMT $TGT $NOK $CSCO $GRMN $CTAS

Pat Dorsey is the former director of research at Morningstar. He has some very interesting contributions to the concept of moats, which he spells out in two of his great books, The Five Rules for Successful Stock Investing and The Little Book That Builds Wealth. You can also see my interview with Pat Dorsey at the following link,  where he discusses topics like what IS and what is not a moat.

In this video with The Manual of Ideas, Pat Dorsey discusses how management makes decisions which can increase of decrease the moat. He discusses  $AMZN $WMT $TGT $NOK $CSCO $GRMN $CTAS in particular.

Here’s what Charlie Munger had to say at the Daily Journal meeting

Charlie MungerCharlie Munger spoke at the Daily Journal Corporation's Annual Meeting of Shareholders today. Although Warren Buffett is the more well-known Berkshire Hathaway chief, Munger has been at his side through much of his investing career. Q4 2020 hedge fund letters, conferences and more Charlie Munger's speech at the Daily Journal meeting was live-streamed on Yahoo Read More


Video below:

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