Focus on companies with sustainable growth drivers from "summary" of The Little Book That Builds Wealth by Pat Dorsey
When seeking companies to invest in, it is crucial to focus on those with sustainable growth drivers. These are companies that have the ability to consistently grow their earnings over time due to factors that are likely to remain intact for the foreseeable future. By investing in such companies, investors can benefit from long-term capital appreciation as the companies continue to thrive and increase in value.
One key characteristic of companies with sustainable growth drivers is a durable competitive advantage. This advantage allows the company to protect its market share and profitability from competitors over an extended period. Companies with strong competitive advantages are often able to generate high returns on capital and sustain their growth rates over time.
Another important factor to consider when identifying companies with sustainable growth drivers is the quality of their management team. A skilled and experienced management team is crucial in ...
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