Behind the Balance Sheet

Behind the Balance Sheet

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Behind the Balance Sheet
Behind the Balance Sheet
The Most Elusive (Yet Crucial) Investment Factor

The Most Elusive (Yet Crucial) Investment Factor

Plus: Fake quality stocks and Mr P’s surprising longevity

Stephen Clapham's avatar
Stephen Clapham
Oct 01, 2023
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Behind the Balance Sheet
Behind the Balance Sheet
The Most Elusive (Yet Crucial) Investment Factor
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Last week I talked about my recent visit to the London Quality Growth conference. And I explained that a focus on competitive advantage was near universal. This was variously described as durable, su…

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