March 23, 2012
by Magpies
What is a Economic Moat, and why is it so important that when finding a company to invest in, we look for this criteria so thoroughly? Quoted directly from Investopedia:- The term economic moat, coined and popularized by Warren Buffett, refers to a business’ ability to maintain competitive advantages over its competitors in order to [...]
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March 22, 2012
by Magpies
According to Benjamin Graham in his book The intelligent investor, Mr Market is a place where you are offer to buy or sell your shares. When Mr Market is feeling optimistic, we will have to pay a high price for the shares we are buying. When Mr Market is feeling upset or moody, we are [...]
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