Pat Dorsey

The number-one source of information for today's smart stock investor. Based on the philosophy that "investing should be fun, but not a game," The Five Rules for Successful Stock Investing provides readers with the type of quality guidance that only Morningstar can offer. This comprehensive guide gives readers the information they need to make intelligent choices when looking to invest...

In The Little Book That Builds Wealth, author Pat Dorsey—the Director of Equity Research for leading independent investment research provider Morningstar, Inc.—reveals why competitive advantages, or economic moats, are such strong indicators of great long-term investments. He examines four of their most common sources: intangible assets, cost advantages, customer-switching costs, and network economics. Along the way, he skillfully outlines this...