The Innovator's Dilemma

I scanned the book last night. It reminiscent of John Collin's book, Good to Great.  I prefer the later. The Innovator's Dilemma introduces good companies that have failed due to innovative technologies.  Copyright 2003. A lot has changed.

A few takeaways: Watch the markets and management of companies.  Technologies can take a long time to be implemented into the current infrastructure.  Understand the resources involved in creating new products, and think on the sustainability of the technology.  "Plan to learn versus plan to execute" - this was mentioned in relation to disruptive technologies within the management and operations of a company.  When invested, plan on adjusting rather than sustainability based on current projections.  Finally, products that aren't useful today may be useful tomorrow, so understand how the needs of customers will change.

How will any of this help me make money?

Barely, that's how.  The book reminded me to research sectors. Forex, Energy, and commodities are where I want to put my focus.  By doing so, I'll be able to better forecast markets bulls and bears and trade accordingly.

Onto the next book, I'll let you know what it is.

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