One of the striking things about Grove is that his approach reflected the messy nature of running a business in the real world. Rather than taking a dry, academic approach, he had a hard-fought perspective earned in the trenches of building and running one of the most important companies in the modern world. This perspective is quite valuable for both investors and business leaders.

So, here are four investing lessons from his life, all of which are quotations are from Grove himself. Continue reading →

From 1989-2015 the S&P 500 was up almost 1200% in total. The majority of that gain came from a small number of stocks while the rest were more or less worthless.

Source: The S&P 500 is the World’s Largest Momentum Strategy