Summaries of books by John Kay:
Other People's Money
The Real Business of Finance
John Kay
The book delves into the financial industry, scrutinizing how the sector has grown detached from its primary purpose of serving the economy and facilitating wealth creation. It critiques the complexity and self-serving nature of modern finance, advocating for a return to more direct relationships between savers and investors to foster stability and trust.
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Why Firms Succeed
John Kay
The book explores the determinants of business success, emphasizing the importance of distinctive capabilities and a firm's architecture, reputation, and relationships. It challenges traditional views of competitive advantage by focusing on the unique ways companies create value and sustain long-term profitability.
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