Much of what we do as investors involves studying businesses and critically evaluating the returns that are likely based on management's competitive strategy. The elusive search for true "moats" is often frustrated by quick technological change which can make yesterday's ...

Tractor Supply Company is a specialty retailer with a well defined niche market catering to the lifestyle needs of recreational farmers and ranchers. The company offers an array of products required in the daily life of those who live in ...

The blogosphere and bookshelves everywhere are full of prescriptions for how to succeed in various endeavors. When it comes to business and investing, there is much useful information available along with a fair amount of nonsense. Unfortunately, most guides for ...