In this thread, we will go through the wide moat investing framework of Morningstar. In the medium and long term, wide moat stocks outperform narrow and no moat stocks.
Some companies are structured differently. You can't for example compare the financial structure of a bank with an industrial company. When you want to compare them, you should make some adjustments so you're comparing apples to apples
excellent content
Wonderful summary, adding value to my thinking, appreciate it!
Absolute best
Thanks this is great. Is the updated list of companies actually accessible?
Hi Antonio,
I shared it on Twitter yesterday: https://twitter.com/QCompounding/status/1681699095189094401?s=20
What is adjust "IC" when needed?
Investment capital.
Some companies are structured differently. You can't for example compare the financial structure of a bank with an industrial company. When you want to compare them, you should make some adjustments so you're comparing apples to apples
💥 yes