"Terrible"
This book is over simplified dividing the world into two random groups "hedgehogs vs foxes" which is totally arbitrary. It's amusing in a way to listen to it now hearing him extol the virtues of such dynamite companies like Circuit City and Fannie Mae...the fact that he holds such companies so highly and draws his lessons from study of these companies seems to completely undermine all his conclusions. Avoid this crappy, boring, book.