{"title":"Heather Brilliant","description":"\u003cp\u003eWelcome to the Heather Brilliant collection, where astute insights into the world of finance and investment await you. Heather Brilliant is renowned for her profound understanding and expertise in navigating the complexities of financial markets. Her work appeals to both seasoned investors and those new to the field.\u003c\/p\u003e\n\n\u003cp\u003eOne standout book in this collection is \u003cem\u003eWhy Moats Matter\u003c\/em\u003e. In this insightful work, Heather and her co-authors delve into the concept of economic moats, explaining how these competitive advantages can lead to sustainable profitability for companies. The book provides practical strategies to identify and evaluate these moats, offering invaluable guidance for investors looking to enhance their portfolio decision-making.\u003c\/p\u003e\n\n\u003cp\u003eBrilliant’s writing marries clear explanations with rich examples, making complex financial concepts accessible and engaging. Her contributions to the field of finance help readers develop a more robust investment strategy, driven by comprehensive analyses and evidence-based insights.\u003c\/p\u003e\n\n\u003cp\u003eExplore Heather Brilliant's works to empower your investment decisions with clarity and confidence. Whether you're focused on broadening your understanding of market dynamics or seeking pragmatic investment strategies, this collection is an essential resource for aspiring and experienced investors alike.\u003c\/p\u003e","products":[{"product_id":"why-moats-matter-by-heather-brilliant-9781394377985","title":"Why Moats Matter","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cb\u003eIncorporate economic moat analysis for profitable investing\u003c\/b\u003e\n\n\u003cp\u003e\u003ci\u003eWhy Moats Matter\u003c\/i\u003e is a comprehensive guide to finding great companies with economic moats, or competitive advantages. This book explains the investment approach used by Morningstar, Inc., and includes a free trial to Morningstar's Research.\u003c\/p\u003e\n\n\u003cp\u003eEconomic 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.\u003c\/p\u003e\n\n\u003cp\u003eMorningstar 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.\u003c\/p\u003e\n\n\u003cp\u003eEven 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's 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.\u003c\/p\u003e\n\n\u003cp\u003eThe book 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 maximise return?\u003c\/p\u003e\n\n\u003cp\u003eUsing fundamental moat and valuation analysis has led to superior risk-adjusted returns and made Morningstar analysts some of the industry's top stock-pickers. In this book, Morningstar shares the ins and outs of its moat-driven investment philosophy, which readers can use to identify great stock picks for their own portfolios.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47307379605740,"sku":"9781394377985","price":41.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/12319493482684.jpg?v=1771074792"}],"url":"https:\/\/bookhero.co.nz\/collections\/heather-brilliant.oembed","provider":"Book Hero","version":"1.0","type":"link"}