Excellent books on strategy

Water Cooler Careers
#1

Hi everyone,

basically I am looking for the most resources-efficient and practical solution.

As much as I would love to buy everything that draws my attention, it is not quite feasible.

Thanks for the inputs!

#2

Solution to what? “Strategy” is a pretty broad topic.

For concepts, I like Michael Mauboussin’s work. Those books are fairly short and good reads. Often times you have to make a bit of a conceptual leap to get the applicability to finance, but they are not enormous leaps and he is a financial strategist (was with Legg Mason, not sure if he is still there now).

#3

http://www.amazon.com/Strategy-including-featured-Michael-Porter/dp/1422157989/ref=sr_1_1?ie=UTF8&qid=1380202001&sr=8-1&keywords=hbr+on+strategy

#4

strategy for the portfolio of businesses, both corporate and BU approaches…

this is the one that is new to me, thanks!

#5

Have already been there)))

I am not new to the topic, I am looking for something practical, hands-on which lots of numerical examples.

Something people here have tried and found useful (no offense to Porter, it is great and I am a huge fan of his work, but I am looking for new dimensions).

#6

Two books that I read cover-to-cover on “strategy”:

Competitive Strategy by Michael Porter

Competition Demystified by Bruce Greenwald

#7

^^ That book by Greenwald is something else. All you will need imo.

#8

Thanks Numi. I really like Greenwald’s Value Investing book. I didn’t notice his strategy book, but liked the blurb enough to kindle it right away.