Frustrated about investments that don't perform?

Experience with buying cheap stocks, but still they don't give a good return?

Ready to transition to owning better businesses, though they are usually more expensive?

Consider to start focusing on finding and monitoring the best companies that have durable competitive advantages (moats). Those that can maintain high returns on capital over long periods of time, without having much debt. Preferably those that have a long runway ahead of them and are able to grow, or where management buys back shares cheaply. We try to have an idea of ​​what the companies are worth in relation to the other alternatives, and at what price is cheap. The companies we montitor are mostly very expensive. That is why we follow them, and we have them on a watchlist. A prerequisite is that we are able to understand the companies, and we make sure that we understand what the competitive landscape is in advance, so that we are ready and have the courage to buy when everyone else suddenly wants to sell.

Proven method by the founder of Moat Monitor - Focus on companies with moats. Wait for them to get cheap. Never sell.

Eivind Våga Kallevik has been focusing on investing in the few really wonderful companies that he has identified. And he loves to add to his positions when the market is trading them to cheaply, while the competitive advantages of the businesses are intact, or have even gotten stronger.

Examples of the long term holdings are wonderful companies such as Berkshire Hathaway, Costco Wholesale Corporation, American Express and Alphabet (Google).

There have always been opportunities for a patient investor to buy shares in these businesses when they are for whatever reason trading too low.