Synposis
How Koch Industries became so big, strong and influential
Key Takeaways
One of the key lessons that Charles Koch took from the Austrian economists von Mises and Hayek was that markets never stood still. The status quo never survived. Markets always build up and then tear down. It was an evolutionary process that never ended, and companies that tried to fight the process would only be devoured by the forces of change in the end.
Acquisition Criteria
- The target company had to be distressed
- The deal had to be a long term play
- The target company had to fit with Koch core capabilities
Final Thoughts
A good book that’s worth the read to understand how big companies grow and then use their influence to affect legislation. 7.5/10
Stranger in Sydney 