Posts written by Mason Myers
How much of a competitive advantage is employee longevity?
Labor Day Weekend Reading: On this Labor Day weekend, I read two articles that prompted me to think about employee longevity and how much of a competitive advantage it may be. Interestingly, both were articles about Berkshire Hathaway companies, See’s Candies in Fortune and the Nebraska Furniture Mart… Continue reading
“Strategy Follows Structure” — John Bogle on Investment Funds
Investment Fund Structures “You are what you eat” is the common phrase about nutrition. With investing, I think a corollary should be “you are where & how you get your capital”. This is particularly true with any type of investment fund as John Bogle, the… Continue reading
Economies of Scale — Fundamentals Through Graphics
The Experience Curve Revisiting fundamental business concepts is helpful. Old concepts often have new meaning when viewed after new experiences. Or, as we say at the school where I am a co-owner, “See it with today’s eyes and hear it with today’s ears.” One important,… Continue reading
Elusive Moats of Competitive Advantage — Definition by Morningstar
Moats of Competitive Advantage Investors look for “moats” or competitive advantages that create more certainty and more growth in revenue and margins. In managing or investing in businesses, it is helpful to understand what moats other companies have been able to build and why. This… Continue reading
Enemies of Effective Company Cultures — Ideas from James Heskett
Effective Company Cultures are Vital Building effective company cultures are vital, particularly in success over a long-term and in the creation of longstanding, defensible moats of competitive advantage. I enjoy writing about company cultures because they are so important to a company’s success, but also… Continue reading
To Increase Your Personal and Business Prosperity: Exchange More
A Business and Personal Prosperity Secret? What is the secret to creating value in the world for yourself and others? Exchange is the best and shortest answer I would give today. Exchange, or the act of giving one thing and receiving another in return, creates prosperity. … Continue reading