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| | Focus! Focus! Focus! [Fool.com: Commentary] August 31, 2005 |
 | | Operational focus is crucial to the success of most every small company in the world. |
 | | Those companies all had the capital to expand into wildly diverse product and service categories (and Coke, for one, temporarily did), but the rewards came when they drilled down into their core business, innovated within a defined space, scavenged for economic efficiencies, and made their stockholders rich. |
 | | Focus, you see, is how competitive advantages are gained, how defensive moats are carved, how commercial niches are dominated, and how long-term margins of safety are widened for investors. |
| www.fool.com /news/commentary/2005/commentary05083103.htm (797 words) |
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