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25iq.com
| | www.valueinvestingworld.com
10.9 parsecs away

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| | Mentioned by Peter Bevelin in my 2009 interview with him (and it reminds me of THIS Warren Buffett quote from this year's Berkshire Meetin...
| | hbr.org
9.8 parsecs away

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| | Today's dynamic markets and technologies have called into question the sustainability of competitive advantage. Under pressure to improve productivity, quality, and speed, managers have embraced tools such as TQM, benchmarking, and re-engineering. Dramatic operational improvements have resulted, but rarely have these gains translated into sustainable profitability. And gradually, the tools have taken the place of strategy. In his five-part article, Michael Porter explores how that shift has led to the rise of mutually destructive competitive battles that damage the profitability of many companies. As managers push to improve on all fronts, they move further away from viable competitive positions. Porter argues that operational effectiveness, although necessa...
| | awealthofcommonsense.com
12.0 parsecs away

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| | Michael Batnick's new book,Big Mistakes: The Best Investors and Their Worst Investments came out this week. There are far too many investing books that dissect the past successes of history's greatest investors. These books make it easy for investors to assume emulating these greats should be effortless. I know that's what I thought when I...
| | tonyisola.com
14.5 parsecs away

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| [AI summary] The article discusses essential but often overlooked components of a retirement plan, including Social Security, long-term care, and personal financial strategies.