Behold, the Five Forces
Great investors seek great competitive advantages. In his 1993 letter to shareholders, Warren Buffett wrote about Coca-Cola and Gillette: “The might of their brand names, the attributes of their products, and the strength of their distribution systems give them an enormous competitive advantage, setting up a protective moat around their economic castles. Full Story
Name That Company
Based in New Jersey, I was founded as a medical device company in 1897. That year, my first sale was for a $2.50 glass syringe. Today I’m an $18 billion company, with divisions specializing in biosciences, consumer health care, medical systems, preanalytical solutions, and health care consulting and services. Full Story
Headwinds for Tobacco
The Motley Fool Take
Increasing regulation is aimed straight at big tobacco companies, and not just in the United States. Full Story
Great Lesson: Sell Half After Doubling
My Dumbest Investment
After the Vietnam War, while in college, I bought some shares of a company I worked for, at $15. After college, I became a stockbroker and watched the stock go all the way to about $60, then all the way to about $2.
The great lesson for the idiot in me was to take some money off the table when I get a hefty profit. Full Story
Last week’s trivia answer
I trace my history to Bank of America’s 1958 launch of the BankAmericard, but I picked a simpler name in 1976. I’m the world’s largest retail electronic payments network. You might think of me as a credit card company, but I issue no cards and extend no credit. I partner with financial institutions and receive fees from them based on transactions. Full Story
Ask the Fool
QI see that Zillow shares surged 79 percent when they debuted recently. Did I miss the boat on that, or can I still profit?
— J. S., Atlanta A Full Story