This document discusses lessons learned from superstar companies. It identifies 9 common characteristics of highly successful companies: 1) obsession with talent, 2) investing in core skills, 3) balancing long and short-term goals, 4) setting extravagant goals, 5) attention to detail, 6) regularly reassessing investments, 7) balancing global scale with local roots, 8) disrupting their own businesses before others can, and 9) transforming themselves regularly to adapt to changes. Examples are provided for each characteristic from companies like GE, Amazon, BMW, Google, Apple, and others.