Morningstar Dividend Investor: Morningstar Inc, Peters
An equities strategist reveals how to profit from the compounding effect of dividends, offering practical advice on the long-term investment of capital with dividends as the guide and explaining how to use three key elements--income, information, and independence--to develop a successful investment strategy.
All highly profitable firms attract competitors, and only firms that are able to keep competition at bay will earn above-average profits for an extended period of time. An economic moat - or competitive advantage - allows a company to fend off competitors and earn sustainable excess economic profits. In The Little Book That Builds Wealth, Pat Dorsey, the head of Morningstar´s equity research team, outlines an effective approach to investing that includes economic moats and tells you how to apply this strategy to your own investment endeavors. Divided into six comprehensive parts, this reliable resource guides you step by step down the path to understanding and discovering what an economic moat is, how to measure it against other moats, and how to best select a company using this method. While the moat concept is not a new one - it was made famous by Benjamin Graham and Warren Buffett - Dorsey discusses how the modern-day investor can use this strategy to select companies that possess a wide moat and feature good growth fundamentals as well as an attractive stock price. With this audiobook as your guide, you will discover why moats should be an integral part of your analytical investment toolkit and learn how to leverage this approach to build a portfolio of high-performance stocks. 1. Language: English. Narrator: Steve Blane. Audio sample: http://samples.audible.de/bk/gdan/000173/bk_gdan_000173_sample.mp3. Digital audiobook in aax.
Over the years, people from around the world have turned to Morningstar for strong, independent, and reliable advice. The Five Rules for Successful Stock Investing provides the kind of savvy financial guidance only a company like Morningstar could offer. Based on the philosophy that ´´investing should be fun, but not a game,´´ this comprehensive guide will put even the most cautious investors back on the right track by helping them pick the right stocks, find great companies, and understand the driving forces behind different industries - without paying too much for their investments. Written by Morningstar´s Director of Stock Analysis, Pat Dorsey, The Five Rules for Successful Stock Investing includes unparalleled stock research and investment strategies covering a wide range of stock-related topics. Investors will profit from such tips as: How to dig into a financial statement and find hidden gold . . . and deception How to find great companies that will create shareholder wealth How to analyze every corner of the market, from banks to health care Informative and highly accessible, The Five Rules for Successful Stock Investing should be required reading for anyone looking for the right investment opportunities in today´s ever-changing market. PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio. 1. Language: English. Narrator: Marty Moran. Audio sample: http://samples.audible.de/bk/adbl/004861/bk_adbl_004861_sample.mp3. Digital audiobook in aax.
Why Moats Matter is a comprehensive guide to finding great companies with economic moats, or competitive advantages. This audiobook explains the investment approach used by Morningstar, Inc., and includes a free trial to Morningstar´s Research. Economic moats - or sustainable competitive advantages - protect companies from competitors. Legendary investor Warren Buffett devised the economic moat concept. Morningstar has made it the foundation of a successful stock-investing philosophy. Morningstar views investing in the most fundamental sense: For Morningstar, investing is about holding shares in great businesses for long periods of time. How can investors tell a great business from a poor one? A great business can fend off competition and earn high returns on capital for many years to come. The key to finding these great companies is identifying economic moats that stem from at least one of five sources of competitive advantage - cost advantage, intangible assets, switching costs, efficient scale, and network effect. Each source is explored in depth throughout this book. Even better than finding a great business is finding one at a great price. The stock market affords virtually unlimited opportunities to track prices and buy or sell securities at any hour of the day or night. But looking past that noise and understanding the value of a business´ underlying cash flows is the key to successful long-term investing. When investors focus on a company´s fundamental value relative to its stock price, and not where the stock price sits today versus a month ago, a day ago, or five minutes ago, investors start to think like owners, not traders. And thinking like an owner will makes readers better investors. The audiobook provides a fundamental framework for successful long-term investing. The book helps investors answer two key questions: How can investors identify a great business, and when should investors buy that business to maximize return? P 1. Language: English. Narrator: Julie Eickhoff. Audio sample: http://samples.audible.de/bk/adbl/021406/bk_adbl_021406_sample.mp3. Digital audiobook in aax.
Many people believe that the key to success in the stock market is buying low and selling high. But how many investors have the time, talent, and luck to earn consistent returns this way? In The Ultimate Dividend Playbook: Income, Insight, and Independence for Todays Investor, Josh Peters, editor of the monthly Morningstar Dividend Investor newsletter, shows you why you dont have to try to beat the market and how you can use dividends to capture the income and growth you seek. PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio. 1. Language: English. Narrator: Dean Sluyter. Audio sample: http://samples.audible.de/bk/adbl/004908/bk_adbl_004908_sample.mp3. Digital audiobook in aax.