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nradovtoday at 4:30 PM2 repliesview on HN

It will be interesting to see how many of those companies remain "incorruptible". Your new book seems a bit like a sequel to Jim Collins's 2001 book Good to Great. Several of the "great" companies including Circuit City, Fannie Mae, and Wells Fargo later ran into serious problems. And from an investor perspective, as a group they have underperformed the S&P 500.

https://www.harpercollins.com/products/good-to-great-jim-col...


Replies

Boxxedtoday at 5:06 PM

> And from an investor perspective, as a group they have underperformed the S&P 500.

This should be kind of obvious -- if they are avoiding doing awful things in the name of money, then they are leaving something on the table. You can't have your cake and eat it too. This is why the real solution is some kind of governance/regulation, because otherwise the market incentivizes being awful.

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eriestoday at 5:04 PM

yeah, this is very much the challenge with writing any kind of business book: the book is frozen in time yet the companies grow and change. I tried really really hard not to put any company up on a pedestal, or even make any forward-looking predictions, but merely to show how each company illustrates a specific concept from the book.