Competition Demystified: A Radically Simplified Approach to Business Strategy

A conscious simplification of Michael Porter’s classic Competitive Strategy, this book treats only one of Porter’s five forces, “potential entrants.” According to the authors (Value Investing), avoiding competition is the only way to escape “a level playing field in which anyone can join… [and] only the best… survive and prosper.” Most of the book discusses ways to gain protected positions from which businesses can be … [ Read more ]