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Education

September 2018
Nomura’s Global Equity Team on Capital Reinvestment
May 2017
Nomura’s Global Equity Team
on Skilled Management
May 2017
Nomura’s Global Equity Team
on Competitive Advantage

Takeshi Kawamoto and the Global Equity Team

Most companies claim to have a competitive advantage or an ‘economic moat’ as coined and popularized by Warren Buffet.
In fact, we are constantly bombarded by the term in company presentations and in the media. But what does it actually
mean?

May 2017
Nomura’s Global Equity Team
on Cash Return to Shareholders
April 2016
Stock Count and the Balance of Risk