COMPETITIVE STRATEGY (BY MICHAEL PORTER)

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The most important factor to consider before making a long-term stock market investment is whether the company you are looking at has a sustainable competitive advantage, which will allow it to be profitable for many years to come. Companies like Apple, Johnson & Johnson & VISA thrive, while companies like American Airlines, British Petroleum & Fiat & Chrysler barely scrape by. But why? That’s what you will learn in this video.

Michael Porter is an American academic known for his theories on economics, business strategy, and social causes. He is the Bishop William Lawrence University Professor at Harvard Business School and his Five Forces model on industry rivalry is one of the most extensively taught concepts in business schools around the world. For good reasons.

Playlist of more advanced stock market concepts: http://bit.ly/2QOANKP

Top 5 takeaways from Competitive Strategy:
0:00 Intro
01:02 1. Porter’s Five Forces
03:00 2. Threat of entry
06:34 3. Threat of substitution
08:21 4. Bargaining power of suppliers/buyers
11:34 5. Intensity of rivalry

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