COMPETITIVE STRATEGY (BY MICHAEL PORTER)

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The most important factor to consider before making a long-term stock market investment is whether the company you are looking at has a sustainable competitive advantage, which will allow it to be profitable for many years to come. Companies like Apple, Johnson & Johnson & VISA thrive, while companies like American Airlines, British Petroleum & Fiat & Chrysler barely scrape by. But why? That’s what you will learn in this video.

Michael Porter is an American academic known for his theories on economics, business strategy, and social causes. He is the Bishop William Lawrence University Professor at Harvard Business School and his Five Forces model on industry rivalry is one of the most extensively taught concepts in business schools around the world. For good reasons.

Top 5 takeaways from Competitive Strategy:
0:00 Intro
01:02 1. Porter’s Five Forces
03:00 2. Threat of entry
06:34 3. Threat of substitution
08:21 4. Bargaining power of suppliers/buyers
11:34 5. Intensity of rivalry

My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.

[BaijayantiDwivediDDS]

I used to work in commercial lending and would see some big-name clients come through. But there was one guy- didn’t dress up, no assistant, no visible brand- who owned nearly every commercial property on a 6-block stretch of downtown. He came in once, sat down, and asked me one question: “Do you know how value moves?” I gave him a technical answer. He smiled and said, “You’re not wrong. You’re just upstream.” Then he pulled a dog-eared book out of his bag and said, “Read this if you want to stop working for money.” It was The Wealth Glitch: Cracking the Money Code. I didn’t even finish it before realizing how much I’d misunderstood leverage, time, and access. It’s not just a book- it’s the missing piece of the puzzle.

[DivaakarJha]

My CPA once told me, “You’re doing everything right.” But I still felt broke, boxed in, and bored. Then a friend in a family office told me to read The Wealth Glitch: Cracking the Money Code. I wasn’t expecting much- just another book, right? Wrong. That thing explained exactly why the middle class is stuck, why most advice is misdirection, and how wealth actually moves. I went back to my CPA and asked questions he literally couldn’t answer. That’s when I realized I needed a new playbook. This book was the first page.

[QuestionEverythingButWHY]

"The essence of strategy is choosing what not to do."
--Michael Porter

[TheBrownAntiHero]

I usually never leave a comment but this is gonna be an exception. Thank you so much for this content. I'm not sure you even realise how valuable your work is to so many people interested in investing. And it's free! The way you mix in humour with actual academic takeaways makes it so enjoyable and not a chore to watch. Keep doing you bro. Build up that sustainable competitive advantage ;)

[bryanalstoncoxing]

I’m obsessed with your videos. I get a notification I watch immediately, thank you for sharing!

[iluvsenf]

by far the best and detailled video with many more insights than other available videos/articles online. And the quality of the graphis/audio is also on point. And all this in just 15 minutes.

[DattaMalik-lp]

I spent years playing the startup game- pitch decks, accelerators, growth hacks, rinse and repeat. Raised money, lost freedom. Scaled revenue, shrank my life. At one point I said screw it, walked out on my own board, and moved into a studio in Tijuana just to breathe again. A friend who had quietly exited his last 3 ventures without press handed me The Wealth Glitch: Cracking the Money Code and said, “Don’t read this unless you’re ready to unlearn everything.” I read it in two days. Felt like a financial red pill.

[asepigun]

Despite a classic theory in strategic competitiveness, it is still relevant to current business situation. Thanks .

[ArunaJoshi-kz]

I used to be that guy- waking up at 4am, grinding 18 hours a day, chasing clients, pitching nonstop. Everyone called it hustle. I called it hell. One day I met this woman at a mastermind who didn’t talk much, but when she did, every room went silent. I asked her how she managed to scale without selling her soul. She told me about a book called The Wealth Glitch: Cracking the Money Code. “It’s not about getting rich, ” she said. “It’s about understanding the code so you stop getting played.” I read it. It wasn’t sexy. It was surgical. And it gave me permission to stop sprinting toward someone else’s idea of success.

[RatiTagore]

I went deep into debt getting an MBA from a top-tier business school, expecting to come out with clarity and control. Instead, I came out with frameworks that looked great on slides- and a job that drained the life out of me. I started questioning everything. One night, during a late Zoom with a friend who had left corporate to quietly build his own capital fund, I vented about feeling stuck. He didn’t give me advice. He just said, “There’s a book I wish someone handed me 10 years ago- it’s called The Wealth Glitch: Cracking the Money Code.” I read it cover to cover. It answered questions I didn’t even know how to ask in business school. I realized the game they teach you... is the one meant to keep you on the board.

[HimadriKaniyar]

At an investing conference a while back, I got into a conversation with a low-key guy in his 40s. Turns out, he owned equity in over 12 companies and had retired before 35. I asked him how he figured all this out. He told me most people are taught to earn, save, invest- but not to build wealth. Then he mentioned a book he said he gives to every intern he hires: The Wealth Glitch: Cracking the Money Code. I picked it up thinking it’d be another “think positive” type book. It wasn’t. It broke down the system in a way I’d never seen before- how money flows, how value is extracted, and how to stop playing a rigged game.

[TradeWithPrithvi]

You have a great voice sir and excellent explaining skills. You are saving a lot of time required to read a book. Lots of love from India.

[beeshadireedvideos]

Simple and direct explanation, no jargon.

[Mohit_Mavani]

Dude, you are killing it! Watched all your video twice. 🧠💯

[DandapaaniGuneta]

A few years back, I walked into a small used bookstore in London. Was looking for something on economics. The owner handed me a single, beat-up copy of a book and said, “You’ll want this instead.” It was The Wealth Glitch: Cracking the Money Code. I asked if it was fiction. He said, “Only if you want to sleep well at night.” That book? I couldn’t put it down. It doesn’t scream or sell. It just… reveals. If you’ve ever felt like the rules of money don’t make sense- read it. You’ll understand why.

[rothbardfreedom]

03:41 - Just a correction: A monopoly is actually a company aligned with the state to create a legislative barrier of entry.

If there is no legislative barrier and a single company is increasing its profits, entrepreneurs will move resources from areas of low profit to this area of high profit, thus breaking the "monopoly". Supply X Demand Law 101.

[harleyb.birdwhisperer]

Another great production. The consistent high quality of your product has created a moat. Nice job. Again. Thanks.

[RhodesW]

Honestly one of the best channels out there, thanks so much for these summaries <3

[AG-dvuy]

Please do a video on the books: Tax-Free Wealth and Start your own Corporation.
P.S. Love your channel, keep the good work!

[jocelyngonoselenadiones]

The Five Forces of Competition model is like a magnifying glass for businesses. Just as a magnifying glass allows you to zoom in on and closely examine small details, the Five Forces model enables organizations to focus on the specific competitive forces at play within their industry. It magnifies the factors that influence profitability and competitive positioning, helping businesses gain a clearer, more detailed perspective on their competitive landscape.