Competitive advantage is undoubtedly one of the characteristics of the hardest firm effectively identify and understand. In this book, Pat Dorsey has a very clear, organized and concise concepts underlying the different competitive advantages that have it can find. It also shows indexes that identify them. The many examples and cases presented (sometimes a bit faster) allow to integrate well exposed concepts and understand the book easily despite the complexity of the subject.
A very good book for anyone interested in investment and fundamental analysis in particular.
