"The Little Book That Builds Wealth provides a sensible framework
for identifying companies that can sustain high returns on capital.
Pat Dorsey tells the reader how to look for durable competitive
advantage in choosing equities. His four sources of structural
competitive advantage: (1) intangible assets; (2) switching costs;
(3) network effect; and (4) cost advantage are particularly
valuable in selecting long-term equity commitments."
--Louis A. Simpson, President and Chief Executive Officer, Capital
Operations, GEICO Corporation
"Pat Dorsey provides a practical framework for integrating the
realities of a changing future into today's investment decisions. A
little art and a little science--key ingredients to successful
long-term investing."
--Larry D. Coats, Chief Executive Officer, Oak Value Capital
Management, Inc.
"Spend two evenings reading Pat Dorsey's The Little Book and
you'll cast away all the techniques that failed for you in the
past. This is the definitive text on how to identify
strong-performing businesses for your portfolio and, more
importantly, how to avoid thousands of investments that won't stand
the test of time. It's must reading for every investor."
--Timothy P. Vick, Senior Portfolio Manager, The Sanibel Captiva
Trust Co., and author of How to Pick Stocks Like Warren Buffett
General
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