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One Up On Wall Street SUMMARY Conclusion Chapter 20 – 50,000 Frenchmen Can Be Wrong

The market, like individual stocks, can move in the opposite direction of the fundamentals over the short term Be optimistic about America and investing in general Market declines are great opportunities to buy stocks in companies that you like You can never predict the market It takes years, not months to produce big results You can make serious money by compounding a series of 20-30 percent gains in Stalwarts Stock prices often move in opposite direction but the long term, the direct and sustainability of profits will prevail Buying a company just because its cheap is a losing strategy Selling an outstanding fast grower because its stock slights overpriced is a losing technique You don’t lose anything by not owning a successful stock Stock doesn’t know that you own it Don’t be attached to a winner Don’t stop monitoring the story If you don’t think you can beat the market then buy a mutual fund Keep an open mind to new ideas Read One Up On Wall Street by Peter Lynch Chapter 19 full su...
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The Lean Startup by Eric Ries SUMMARY Part One: Vision Chapter 1 Start

Entrepreneurial Management
Entrepreneurship requires a managerial discipline to harness the entrepreneurial opportunity that have been given
The Lean Startup movement is dedicated to prevent Startup failures

The Roots of Lean Startup
Name from the lean manufacturing revolution by Taiichi Ohno and Shigeo Shingo developed at Toyota
Lean thinking is altering the way supply chains and production systems are run
Knowing the difference between value-creating activities and waste
Build quality into products from the inside out
Progress in manufacturing is measured by the production of high quality physical goods while progress in The Lean Startup uses validated learning
The goal of a startup is to figure out the right way to build what the customer want & will pay for as quickly as possible

Startups operate with the engine of growth
Make constant adjustments with Build-Measure-Learn feedback loop
To achieve the vision of creating a thriving world changing business, startups must have a strategy of the product with the end result
Products will go through frequent change and strategy will change less frequently but the vision rarely changes
Failure to deliver results is due to either failure to plan or failure to execute properly

Read The Lean Startup by Eric Ries Introduction full summary here 👇:
http://mysweetluck.blogspot.com/2020/05/the-lean-startup-by-eric-ries-summary.html

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