Rasmussen’s article “The Gospel According to Michael Porter” in Institutional Investor explains the tension between value investors who emphasize institutional power and those who emphasize the numbers. The former is championed by Harvard’s Professor Michael Porter and the latter was championed by Benjamin Graham.
When most of today’s executives think of competitive advantage, they tend to think of Porter’s five forces: bargaining power of…
Click here to read the rest of the story from our content source/partners – Chrisma News.