Business vs. Investing, w/ Jason Zweig and Morgan Housel – [Invest Like the Best, EP.50]
My guests this week are both veterans of the podcast, Jason Zweig and Morgan Housel. They are two of the best in the world at making the complicated simple, and in that spirit, I’ll keep this introduction short. Morgan shifted from public markets to the private markets a year ago when he joined the Collaborative Fund, so we begin with what he has learned about venture capital in his first year on the job. ~ Patrick O’Shaughnessy
Notes and references here.
Buying Companies With Economic Moats, w/ Pat Dorsey – [Invest Like the Best, EP.51]
My guest this week is Pat Dorsey, who was the longtime director of equity research at Morningstar, where he specialized in economic moats: sources of sustained competitive advantage that allow a few companies to deliver huge returns over time. Several years ago he left Morningstar to form his own asset management firm, Dorsey asset management, and build a portfolio of companies with wide moats like those he studied at Morningstar. And while moats are critical, equally important is how companies allocate the capital generated–or made possible–by the existence of the moat. ~ Patrick O’Shaughnessy
Notes and references here.
Find more podcasts in this series at Investor's Field Guide.
