Mini Review of Only The Paranoid Survive
I read Only The Paranoid Survive after it was recommended by Charlie Munger in Poor Charlie’s Almanack and I am glad that I did. This book is mainly about the decisions Mr. Grove (Former COO, CEO, and chairman of Intel) made, and helped make, to completely reform Intel from a memory company that was suffering a slow death against Japanese competitors to helping it become the worlds biggest semiconductor company. He walks you step by step on how and why the decisions were made within Intel which in and of itself is fascinating to me. He also goes through some case studies on decisions that other companies made (and still make) that lead to companies losing market share or possibly even dying altogether. The case studies and examples specifically from Intel do a great job of showing you examples of how you can spot these trends or potential trends in companies that you are managing or looking to invest in.
Is it as good as Competition Demystified? In my opinion no, but it is not specifically a book about strategy like CD is. It is one mans advice, stories, and case studies about decisions he made and helped make that helped start to turn Intel into the powerhouse it is today. Along with Mr. Munger, I also highly recommend reading this book.
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