Durability is a key topic for any investor. This article explains the concept, why it's important, and why it's a great characteristic to look out for.
Durability as a factor in quality. Thanks for the write-up! Although the image from credit suisse shows the value in the first 2 years, one of Mauboussin's research papers does say that on average investors look pretty far ahead (we usually think they look in the short-term). Can't find the reference but I'll look it up.
Great article. Thanks for sharing it!
Durability as a factor in quality. Thanks for the write-up! Although the image from credit suisse shows the value in the first 2 years, one of Mauboussin's research papers does say that on average investors look pretty far ahead (we usually think they look in the short-term). Can't find the reference but I'll look it up.