A Quote by Warren Buffett
The fundamental basis of above-average performance in the long run is sustainable competitive advantage.
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Exploiting a sustainable competitive advantage is great... If you can find it.
Wal-Mart hires average people but squeezes above average performance and results out of them.
Marketing strategy is a series of integrated actions leading to a sustainable competitive advantage.
Kevin Systrom of Instagram used to work for us as a consultant in the early days of Mint. I knew him a long time ago. Maybe I could have gotten in there. But with photo sharing, I don't know if there's an obvious business model. I don't think there's a competitive, sustainable advantage.
The ability to learn faster than competitors may be the only sustainable competitive advantage.
The rate at which organizations learn may soon become the only sustainable source of competitive advantage.
The truth is that intelligence, knowledge, and domain expertise are vastly overrated as the driving forces behind competitive advantage and sustainable success.
Your earning ability is largely determined by the perception of excellence, quality, and value that others have of you and what you do. The market only pays excellent rewards for excellent performance. It pays average rewards for average performance, and it pays below average rewards or unemployment for below average performance.
Marketing and advertising are incredibly exciting and creative functions. They are central to the creation of brands and to the creation of sustainable competitive advantage for companies
The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.
I think we should be clear: Companies will still need software that furthers their corporate goals and even gives them competitive advantage. That would be purchased and developed, if necessary, in house, or on a proprietary basis. But it needs to run on the company's computer system eventually, and its perfectly possible that system/network can be "rented out" from a utility.
The most powerful natural species are those that adapt to environmental change without losing their fundamental identity which gives them their competitive advantage.
The fundamental basis of this Nation's law was given to Moses on the Mount. The fundamental basis of our Bill of Rights comes from the teachings which we get from Exodus and St. Matthew, from Isaiah and St. Paul.
It's not a long-term business model to take advantage of your consumers in ways that are not sustainable.
Creativity may well be the last legal unfair competitive advantage we can take to run over the competition.
In most cases the favorable price performance will be accompanied by a well-defined improvement in the average earnings, in the dividend, and in the balance-sheet position. Thus in the long run the market test and the ordinary business test of a successful equity commitment tend to be largely identical.
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