Competitive strategy is a mind-set that actively “interferes with profit maximizing” in the real world

•  The more companies focused on market share and competitive strategy, the worse they did.

•  not “a single empirical study” that demonstrated that competitive strategy frameworks were helpful as decision aids

• Fama’s works suggests that Benjamin Graham’s instincts were right: The real money is to be made betting on the Davids of the world, not the Goliaths.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s