The term, “economic moat” was coined by Warren Buffett. Morningstar have taken this term and developed an economic moat assessment to help it rate companies. Their definition is: In a free-market economy, capital seeks the areas of highest return. Whenever a company...
So you have been to the “transformation roadshow” or launched the “insert your own catchy title initiative” or “lean enterprise”, and six months in the results are not being seen in the ultimate scorecard –the financial statements. The quarterly numbers need to...
