Fun to re-read Porter in the wake of recent IPOs. “As Porter notes wryly...most companies could instantly achieve rapid growth simply by cutting their prices in half.” (‘Understanding Michael Porter’)pic.twitter.com/57ZQp3gyMG
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Though it seems less of a problem of prices and more a problem of costs.
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You recommend this read?
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I’m not a huge believer in moats but it’s a good book for grasping the basics.
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