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.
"What I wish I'd learned in business school"