16 Consistência comentada em 19/08/2022 23:35 Ações mths11 em 19/08/22 17:07 comentada em 19/08/2022 23:35 Mais do mesmo do que já foi discutido aqui pela comunidade, mas não custa nada lembrar.When you’re looking at all four of these metrics, look at more than just one year. A firm that has consistently cranked out solid ROEs, good free cash flow, and decent margins over a number of years is much more likely to truly have an economic moat than a firm with more erratic results. Consistency is important when evaluating companies, because it’s the ability to keep competitors at bay for an extended period of time—not just for a year or two—that really makes a firm valuable. Five years is the absolute minimum time period for evaluation, and I’d strongly encourage you to go back 10 years if you can.(Página 47).