Business Quote by Michael E. Porter

“Competitive forces = the underlying drivers of profitability P.25”

— Michael E. Porter

“If no forces interfere with the process of entry by competitors, profitability will be driven to levels at which efficient firms earn no more…

— Bruce Greenwald

“From these two broad examples we draw two morals for our readers: Obvious prospects for physical growth in a business do not translate into…

— Benjamin Graham

“The strongest competitive force or forces determine the profitability of an industry and become the most important to strategy formulation. The most salient force,…

— Michael E. Porter

Activity is the enemy of investment returns.

— Warren Buffett

“Strategy can be viewed as building defenses against the competitive forces or finding a position in the industry where the forces are weakest. P.35”

— Michael E. Porter

Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.

— Warren Buffett

If you have a business that isn't growing the top line, it's very hard to deliver attractive returns to shareholders.

— Soren Skou

A great company is not a great investment if you pay too much for the stock.

— Benjamin Graham

“our environment is much stronger than our intellect. Remarkably few investors—either amateur or professional—truly understand this critical point.”

— Guy Spier

“An intelligent investor sees an opportunity in dip than risk.”

— Mohith Agadi

“The point of industry analysis is not to declare the industry attractive or unattractive but to understand the underpinnings of competition and the root…

— Michael E. Porter