

#977
Mentioned in 5 episodes
The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
Book • 2012
In this book, William Thorndike Jr. presents a counterintuitive look at eight CEOs whose firms outperformed the S&P 500 by a factor of twenty.
These CEOs, leading companies such as Berkshire Hathaway, The Washington Post Company, and General Dynamics, were characterized by their humility, frugality, and avoidance of the spotlight.
They shared traits such as a laser-sharp focus on per share value, exceptional capital and human resource allocation, and a belief that cash flow determines long-term value.
The book extracts lessons and reveals an alternative model for leading companies and investing, emphasizing relentless rationality and a focus on long-term success.
These CEOs, leading companies such as Berkshire Hathaway, The Washington Post Company, and General Dynamics, were characterized by their humility, frugality, and avoidance of the spotlight.
They shared traits such as a laser-sharp focus on per share value, exceptional capital and human resource allocation, and a belief that cash flow determines long-term value.
The book extracts lessons and reveals an alternative model for leading companies and investing, emphasizing relentless rationality and a focus on long-term success.
Mentioned by
Mentioned in 5 episodes
Mentioned by
David Senra in the context of learning about Henry Singleton and his business strategies.


2,704 snips
#878 - David Senra - 15 Harsh Truths From History’s Greatest Founders
Mentioned by
David Senra as the main subject of the podcast episode, focusing on Tom Murphy and Capital Cities Broadcasting.


329 snips
#328 Tom Murphy (Buffett's favorite manager)
Recommended by Warren Buffett as a book examining the understudied topic of capital allocation.

18 snips
Audiobook - Shareholder Yield: A Better Approach to Dividend Investing - 2nd Edition | #565
Mentioned by
Michael Mauboussin while discussing stock buybacks and different approaches to capital allocation.


Michael Mauboussin – The Four Sources of Alpha - [Invest Like the Best, EP.126]