Tag: moat

How Growth, Return on Capital, and Discount Rate Affect Valuation

Nobody will know where interest rates are headed, but it is important to appreciate the relationship between the discount rate and long-duration assets. In other words, we should be mindful that an increase in interest rates will bring down the valuation of companies that are investing heavily today for higher future cash flows tomorrow. It is also important to bear in mind that for most ...

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Breaking Down My Investing Framework

I started my investing journey around 14 years ago, after reading Rich Dad, Poor Dad. The idea of acquiring income-producing assets resonated with me and I have since been consuming numerous books and resources on the web regarding investing. Today, I focus mainly on growing companies with a wide moat and great management in place. Looking back on my investing journey, I first started out ...

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