Friday, 15 March 2013

Today's Words of Investing Wisdom: Competitive Advantage



We always ask whether we ourselves have any competitive advantage in analyzing a particular company. Can we know the business better because no one else seems to be paying attention? Is the market’s view being distorted by some behavioral or structural bias that we don’t have?
Brian Bares, 30 September 2008 (through Valueinvestorinsight.com)

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