Wikinomics was one of last year’s best-regarded business books. Motley Fool says it should be a must read for stockpickers, as well.
The main point the Fool wants its readers to know:
a successful company in the modern era should not be afraid to open up its procedures and data stores to the world, so the world can return the favor with mostly free and often surprising insights and behaviors that grow out of the new, open access.
Such companies mark the best kinds of firms in the new Web-driven economy. Thus,
If you want your portfolio to survive this momentous shift in the qualities that separate great companies from the also-rans, you really should read this book. I don’t care if you get it from an Amazon reseller, the local library, or some fly-by-night downloading outfit. And in a truly open economy, you’ll give that business to whoever provides the best value for your money and efforts. That’s kind of the whole point.
My advice? Just remember that there are no silver bullets. This book can be part of your arsenal, but it won’t be the only weapon you need.
