Pat Dorsey, CFA, is Director of Equity Research at Morningstar, Inc. He played an integral part in the development of the Morningstar Rating for stocks, as well as Morningstar's economic moat ratings. Dorsey is also the author of The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market (Wiley). He holds a master's degree in political science from Northwestern University and a bachelor's degree in government from Wesleyan University. Please visit www.findingmoats.com.
A detailed exploration of Warren Buffet's wide economic moat concept - how to find companies with a true in-built competitive advantage. (Financial Times, Tues 26th February) With this suitably small-sized book under your arm - or neatly in your handbag - the World's markets are yours. Investment Adviser Monday 12 May 2008