The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
| Author | : | |
| Rating | : | 4.14 (971 Votes) |
| Asin | : | 1422162672 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 2013-10-15 |
| Language | : | English |
DESCRIPTION:
Great Book! If you never picked up a book and only got information through financial media outlets you would think the best CEO’s ever were Jack Welch, Donald Trump, Mark Cuban, and a few others that love media attention. I’ve always been obsessed with reading business biographies, especially on those CEO’s that are rarely interviewed on CNBC. Often times these less visible CEO’s have track records far greater than their counterparts. I want to le. "The fascinating and underappreciated art of capital allocation" according to Rana. Simply put, The Outsiders is a must read for any thoughtful investor or manager. The book is written in easy to understand prose, yet the lessons planted within are extremely instructive for the novice or sophisticated businessperson.As a graduate from a top MBA program, I can tell you that the book's topic is rarely studied at the world's best business schools. But that doesn't mean the lessons are not important. Far from it.The basic premise is that a succe. The best book on Warren Buffett investment insight and methodology Andi S. Boediman (a venture capitalist and creative entrepreneur) Buffett uses float from his insurance companies and cash flow from the consumer companies so he doesn't need to use external fundraise and debt to invest. The chapter on Warren Buffet is worth the price of the book.As a venture capitalist and owner of many companies, I learn so many insightful strategies such as capital allocation, rolling up companies to maximize scale, margin and cash flow strategy to acquire companies. I get so many ideas to scale my inves
An outstanding book about CEOs who excelled at capital allocation.” Warren Buffett#1 on Warren Buffett’s Recommended Reading List, Berkshire Hathaway Annual Shareholder Letter, 2012Named one of 19 Books Billionaire Charlie Munger Thinks You Should Read” in Business Insider.A book that details the extraordinary success of CEOs who took a radically different approach to corporate management.” Charlie Munger, Vice-Chairman of Berkshire Hathaway CorporationThorndike explores the importance of thoughtful capital allocation through the stories of eight successful CEOs. But what really matters when you run an organization? What is the hallmark of exceptional CEO performance? Quite simply, it is the returns for the shareholders of that company over the long term.In this refreshing, counterintuitive book, author Will Thorndike brings to bear the analytical wisdom of a successful career in investing, closely evaluating the performance of companies and their leaders. A good read for any business leader but especially those willing to chart their own course.” Michael Dell, chairman of the board of directors and chief executive officer of DellWhat makes a successful CEO? Most people call to mind a familiar definition: a seasoned manager with deep industry expertise.” Others might point to the qualities of today’s so-called celebrity CEOsch
He takes the unique angle of examining great CEOs as chief allocators of capital, so disciplined in their empirical rationality as to be nonconformists in the very best sense. Russo, Partner, Gardner Russo & GardnerThe Outsiders celebrates leaders who kept their firms focused, rewarded their management despite long periods of inactivity, andby keeping their companies out of troublefound themselves free to pounce when compelling opportunities arose. Follow it and prosper.”Mason Hawkins, Chairman and CEO, Southeastern Asset ManagementThe Outsiders is a must-read for leadersand aspiring leadersstriving to become exceptional CEOs, and for investors interested in partnering with exceptional stewards of corporate capital.”Walter Kiechel, author, The Lo