Remember when Sam Walton was building Walmart stores? They were often situated far away from each other, often in small towns, and many people had to drive long distances to get to a Walmart.
This book was written in the early 2000's. It is just as relevant today as it was then.
The author, Jim Collins, is a researcher who did a study on the factors that cause good companies to become great companies. It will surprise you what he and his research group discovered.
As a stock investor, the lessons from this book can help to guide investors toward those companies which will have spectacular long-term returns by shedding light on what to look for and avoiding pitfalls. Some of the central points are the following:
