How does a great company sustain and grow profits for decades? Many people are familiar with Warren Buffett's analogy of a moat: various defenses to thwart competition. But moats are fleeting; they are here today and gone tomorrow. The more important question is, who builds and maintains moats?
Intelligent fanatics do. These leaders build high-performance organizations that can dominate for decades.
Intelligent Fanatics Project looks at the stories of eight intelligent fanatics who built dominant and enduring businesses. A $1,000 investment with each of these intelligent fanatics would, on average, have been worth $3.4 million 37 years later - a 24.6% compounded annual return. They operated in a wide array of industries, in different time periods, on different continents, and against different economic backdrops, yet their leadership styles, strategies, corporate cultures, and values were similar.
Intelligent fanatics are what every entrepreneur aspires to be and what every long-term investor dreams of finding and investing in early. Sean Iddings and Ian Cassel examine the common traits of these intelligent fanatics, to help both the investor and the entrepreneur generate extraordinary returns.
©2016 MicroCapClub Publication (P)2016 MicroCapClub Publication
Intelligent Fanatics does for Entrepreneurs what Good to Great did for Corporations. It is an excellent case study of entrepreneurs who've dramatically outperformed their peers and how they did it. I highly recommended it for entrepreneurs, investors and managers.
If you have read and enjoyed "The Outsiders" by William Thorndyke as much as I did then you should consider this book for your library as well. It does not hit the technical case studies as hard but the book absolutely shares some terrific principles shared by top managers.
The book is well written and has a good narrator. Go 3x and re-Read often to help yourself apply the principals.
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