We’re All Doing the Same Thing

The Thundering Herd
The Thundering Herd

I think even fundamental guys have to be thinking this too:

Quantitative Blow-Ups: We are all doing the same thing.

You can still get rich but it becomes more lottery/musical chairs then an intellectual endeavour or learning a skill

HBR Review of Zara Stores

I've never actually been in one..
I’ve never actually been in one..

I recently read about Zara in a book titled “Understanding Michael Porter” by Joan Margretta. The founder Amancio Ortega is now richer than Warren Buffett. Think about that!

Some common themes seem to be decentralized operations and incentivizing line managers to be “owner/operators”

http://bdigital.uao.edu.co/bitstream/10614/2572/1/610042-PDF-ENG.pdf