3 Strategies of Market Leaders  Download PowerPoint presentation, pdf e-book

 

 

Business BLISS  Download PowerPoint presentation, pdf e-book

Warren Buffett was once asked what is the most important thing he looks for when evaluating a company to invest in. Without hesitation, he replied, " "sustainable competitive advantage Download PowerPoint presentation, pdf e-book".

Yes, business valuation matters, but it is the future growth and prosperity of the company underlying a stock, not its current price, that is most important. A company's prosperity, in turn, is driven by how powerful and enduring its competitive advantages and competitive strategies are.

Sustainable competitive advantage and market category leadership give a company the edge that keep competitors at bay and reap extraordinary profits and  growth Download PowerPoint presentation, pdf e-book . Warren Buffett seeks to identify rare companies with strong competitive advantage that has a potential to grow even stronger over time.

Often, investors in high-growth companies are disappointed not because the growth projections were wrong, but because the implicit assumptions that the market is making about the sustainability of these companies' competitive advantages are too optimistic.

Warren Buffett said it best in his Fortune article: "The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage. The products or services that have wide, sustainable moats around them are the ones that deliver rewards to investors."