Where The Money Is Link

: Durable moats like network effects or high switching costs.

In his book Where the Money Is: Value Investing in the Digital Age , Adam Seessel argues that traditional "Value 1.0" (buying cheap assets) and "Value 2.0" (Buffett-style moats) must evolve into . Where the Money Is

In entertainment, this is the title of a caper comedy starring . : Durable moats like network effects or high switching costs

: Many tech giants (Amazon, Alphabet) are actually "value" stocks because traditional accounting (GAAP) mislabels their growth investments as expenses, hiding their true earnings power . : Many tech giants (Amazon, Alphabet) are actually

: Leaders who act like owners and allocate capital wisely.

The phrase is famously attributed to bank robber , who, when asked why he robbed banks, reportedly replied, " Because that's where the money is ".

: Seessel evaluates companies based on three pillars: