Joel-Oskar

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All of this shows, from the investor's standpoint, that if enough ingenuity is used, even the companies with well-above-average growth rates can also “grow” the needed unusual people from within so as to maintain competitive superiority without running the high risk of friction and failure that so often occurs when a rapidly growing company must go to the outside for more than a very small part of its outstanding talent.
Common Stocks and Uncommon Profits and Other Writings (Wiley Investment Classics)
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