rkbabang Posted December 5, 2017 Share Posted December 5, 2017 I just ordered these two books on sale today: Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies by Charles G. Koch $2.99 Out of My Later Years: The Scientist, Philosopher, and Man Portrayed Through His Own Words by Albert Einstein $1.99 Link to comment Share on other sites More sharing options...
IntrinsicEdge Posted December 5, 2017 Share Posted December 5, 2017 Nice find. Bought both. Thanks for sharing! Link to comment Share on other sites More sharing options...
Artha158 Posted December 5, 2017 Share Posted December 5, 2017 Thanks. Link to comment Share on other sites More sharing options...
JayGatsby Posted December 5, 2017 Share Posted December 5, 2017 Good Profit was a great book. Less so for somebody who is purely investing, but for anyone who has any ability to manage incentive structures it's definitely worth reading. The Kochs inherited a good business and then have compounded it at a ~15% growth rate. Charles was quite young (in his late 20s, maybe 30 if I remember right) when he took over. The two lessons I really remember from that book are: 1. You have to keep putting yourself out of business through innovation or somebody else will 2. Create a meritocracy and people will drive results Link to comment Share on other sites More sharing options...
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