Great analysis, throughout the read I was continually thinking about Charlie Mungers quote so I was glad to see you include it! Having read Shoe Dog twice now it's a real shame to see how overtime a company can go from having a generational founder to a scenario like recent. Since you enjoyed studying this Nike situation I highly recommend you study Starbucks, the cultural decline they experienced through issues before that CEO was recently replaced is similar in regards.
Great analysis, throughout the read I was continually thinking about Charlie Mungers quote so I was glad to see you include it! Having read Shoe Dog twice now it's a real shame to see how overtime a company can go from having a generational founder to a scenario like recent. Since you enjoyed studying this Nike situation I highly recommend you study Starbucks, the cultural decline they experienced through issues before that CEO was recently replaced is similar in regards.
You nailed it.
Thanks for the suggestion. I'll be sure to check out, since these lessons are just too valuable.
Thanks a lot for being here :)
Thanks!
Awesome post as always.
Look fwd to reading your next update on NKE.
As you said, the brand remains strong and a key driver for future growth. Bullish on NKE for the long term. :)