Money and Finance
- The Truly Exceptional Business...
From The Small-Cap Advantage: How Top Endowments and Foundations Turn Small Stocks into Big Returns:The truly exceptional business can operate with little capital. When U.S. securities markets function normally, most healthy businesses have no trouble...
- The Difference Between A Franchise And "a Business"...
From Warren Buffett's 1991 Letter to Shareholders: An economic franchise arises from a product or service that: (1) is needed or desired; (2) is thought by its customers to have no close substitute and; (3) is not subject to price regulation. The...
- Brands And Competitive Advantages
From The Little Book That Builds Wealth: One of the most common mistakes investors make concerning brands is assuming that a well-known brand endows its owner with a competitive advantage. In fact, nothing could be further from the truth. A brand creates...
- Competitive Advantages
These quotes are from the book The Investment Checklist by Michael Shearn. "Competitive advantages are less sustainable when they are affected by changes in technology or if they are in rapidly emerging industries. Changes in technology threaten...
- Adam Weiss And James Crichton Of Scout Capital Management To Present At The 7th Annual New York Value Investing Congress
Adam Weiss and James Crichton of Scout Capital Management are scheduled as to present at the 7th Annual New York Value Investing Congress. In their December 2010 interview with Value Investor Insight (currently available as the sample issue HERE), they...
Money and Finance
Pricing Power
From the book The Investment Checklist by Michael Shearn.
“Businesses that have pricing power typically have several characteristics in common such as high customer- retention rates; their customers spend a small percentage of their budget on the business’s product or service; the customers generate high margins and lots of cash flow; or the quality of the product is more important to the customer than the price.”
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"Price increases add value to the business when they add to operating income, rather than just offsetting new expenses."
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"Price increases add value to the business when they add to operating income, rather than just offsetting new expenses."
- The Truly Exceptional Business...
From The Small-Cap Advantage: How Top Endowments and Foundations Turn Small Stocks into Big Returns:The truly exceptional business can operate with little capital. When U.S. securities markets function normally, most healthy businesses have no trouble...
- The Difference Between A Franchise And "a Business"...
From Warren Buffett's 1991 Letter to Shareholders: An economic franchise arises from a product or service that: (1) is needed or desired; (2) is thought by its customers to have no close substitute and; (3) is not subject to price regulation. The...
- Brands And Competitive Advantages
From The Little Book That Builds Wealth: One of the most common mistakes investors make concerning brands is assuming that a well-known brand endows its owner with a competitive advantage. In fact, nothing could be further from the truth. A brand creates...
- Competitive Advantages
These quotes are from the book The Investment Checklist by Michael Shearn. "Competitive advantages are less sustainable when they are affected by changes in technology or if they are in rapidly emerging industries. Changes in technology threaten...
- Adam Weiss And James Crichton Of Scout Capital Management To Present At The 7th Annual New York Value Investing Congress
Adam Weiss and James Crichton of Scout Capital Management are scheduled as to present at the 7th Annual New York Value Investing Congress. In their December 2010 interview with Value Investor Insight (currently available as the sample issue HERE), they...