Book Review: Only the Paranoid Survive

I finished reading “Only the Paranoid Survive” by Andy Grove a few weeks ago, but I am just now taking the time to write about it.  It’s been a little busy.  I thought it was a good book, certainly worth reading and would put it on my electives list for those that want to be knowledgeable investors. 

In the book Andy Grove discusses strategic inflection points when a 10x change occurs.  For example, a 10x change happened in the music industry when Napster and other download sharing sites showed up.  Andy Grove went through a 10x change at Intel when Japanese competitors came in and started taking share in the memory business. Throughout the book Grove discusses how painful it was to go through the change and how they went through the process.  He also provides other examples, insights, experiences, and advice.  I think it is helpful for investors as we should always be on the lookout for companies/industries that could or are experiencing a 10x change as most investors should avoid them.  It also may be useful to help determine which companies are most likely to survive and/or thrive once a 10x change occurs. 

Only the Paranoid Survive