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True. But aside from Amazon who has gotten away with that? Yes, it's a great example. But it's an outlier's outlier.

Toyota's another great example. They went from Japan's post-WWII decimation to the world's largest car company. They did it through an intense focus on increasing customer value and reducing waste. US automakers couldn't come close to matching their quality or effectiveness. This despite Toyota's attempts to teach them through efforts like NUMMI.

I think their unique culture has declined over time, but it was still powerful enough to give us the Prius. Now ubiquitous, at the time, it was revolutionary.

If looking at the mark they made worldwide, I feel the Hilux serie is even stronger than the Prius. Of course "the Hilux war" is a bit harder to use in a marketing campaign.

Toyota owes A LOT to Bell Labs. I'm not so sure they can thank Wall Street for being unnaturally forgiving.

Sorry, I haven't heard about this. What does Toyota owe to Bell Labs?

Also, I'm not sure that Wall Street had much influence on Toyota. I can't easily tell when they first listed on US markets, but it was long after their company culture was set.

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