In an excerpt from their new book, Morningstar's Heather Brilliant and Elizabeth Collins explore how to identify a moat and how intangible assets can help a firm carve out a sustainable competitive advantage.
In this final excerpt from their new book, Morningstar's Heather Brilliant and Elizabeth Collins examine how companies can build competitive advantages around network effect and scale efficiency.
Bunge Reports Second Quarter 2014 Results
Morningstar StockInvestor editor Matt Coffina explains ROIC, WACC , and the 5 sources of a moat.
Moats are key to sound equity-investing strategies, and Morningstar's Matt Coffina details what to look for and how to leverage a stock's competitive advantages to your benefit.
The dealers are the only auto sector we cover in which all firms enjoy an economic moat.
Railroads bolstered our confidence in the persistence of excess returns via solid performance through the recent recession and coal weakness.
Alternative methods have some use, but we think discounted cash flow is the most fundamentally sound way to value the conglomerate, as we discuss in the final installment of our 5-part series.
Increased access to the Gulf Coast results in higher realizations.