Fool contributor john maxfield explains what makes william thorndike jr. Eight unconventional ceos and their radically rational blueprint for success kindle edition by thorndike, william. Eight unconventional ceos and their radically rational blueprint for. I really liked this book because capital allocation rarely gets talked about at the csuite level from my experience. Thorndike is founder and a managing director of housatonic partners, a private equity firm. The ceos profiled were tom murphy of capital cities, henry singleton of teledyne, bill anders of general dynamics, john malone of tci, katharine graham of the washington post co. Unconventional ceos and berkshire hathaway 2020 annual report pdf hacker. Founded housatonic partners, a private equity firm with offices in boston and. Twelve classic tales from the world of wall street.
Eight unconventional ceos and their radically rational blueprint for success by. In the outsiders, youll learn the traits and methodsstriking for their consistency and relentless rationalitythat helped these unique leaders achieve such exceptional performance. The outsiders is a collection of portraits of eight unconventional, yet very successful exceos of public companies. 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. I make good grades and have a high iq and everything, but i dont use my head. Eight unconventional ceos and their radically rational blueprint for success by william thorndike here.
Their radically rational blueprint for success william thorndike. Running and growing a business is never a straight forward task and the ability to think outside of the box to unlock value is key for ceos and shareholders alike. May 08, 2014 william thorndike, founder of private equity firm housatonic partners, is as surprised about the success of his book as anyone. In his 2012 shareholder letter buffett praises the outsiders as an outstanding book about ceos who excelled at capital allocation. It has become more than a cult hit, selling more than 75,000 copies. The outsiders basically looks at 8 ceos that have excelled at capital allocation and shareholder value creation. The definitive book on value investing a book of practical counsel by benjamin graham paperback. About the outsiders william thorndike free pdf an outstanding book about ceos who excelled at capital allocation. Drawing on years of research and experience, thorndike tells eyeopening stories, extracting. He is a graduate of harvard college and the stanford graduate school of business and has been a guest lecturer at the harvard and stanford business schools. Jul 24, 2016 i was lucky to get my hands on a copy of the outsiders which has garnered praise from marquee investors including warren buffett and bill ackman.
Humble, unassuming, and often frugal, these outsiders shunned wall street and the press, and shied away from the hottest new management trends. You will meet eight individualistic ceos whose firms average returns. Thorndike, a book examining how unconventional ceos created a radically rational blueprint for success. The people chronicled in the book would come closest to the ideal ceo for somebody like buffet. Author william thorndike presents to us the case studies of eight ceos who delivered exceptional returns to shareholders over their long tenures spanning multiple business cycles. Eight unconventional ceos and their radically rational blueprint for success illustrated by william n. Everyday low prices and free delivery on eligible orders. A dozen things ive learned about great ceos from the. Facebook, apple, amazon or microsoft but of companies that went on to achieve exceptional. The title might bring you back to a rather popular piece of teen gangland fiction that was made into ralph macchiosother 80s movie, but focus people its unrelated. This is one few books recommended by warren buffett, and touches on one of the most skills of a ceocapital allocation. If youre not a joiner, buy my ebook, read 30 books in 30 days like francis bacon instead. Eight unconventional ceos and their radically rational blueprint for success by william thorndike is the 18th book i read in the read 30 books in 30 days reading challenge. This book was recommended by warren buffett in his 2012 annual letter.
Press question mark to learn the rest of the keyboard shortcuts. A book that details the extraordinary success of ceos who took a radically different approach to corporate. Summary thorndike profiles eight ceos who he considers outsiders because of the way they make decisions and run their respective companies. Eight unconventional ceos and their radically rational blueprint for success. The outsiders eight unconventional ceos pdf college learners. Next up is william thorndike who talks about his popular book, the outsiders.
With success measured as the creation of shareholder value. This is joe magyer and im here today with will thorndike, the founder of housatonic partners and the author of the outsiders. Download it once and read it on your kindle device, pc, phones or tablets. The outsiders is about 8 ceos who have enjoyed far better returns on company stock than their peers or the market due to their ability to allocate both financial and human capital. I found this book an interesting read as i didnt know anything about most of the profiled ceos and their companies. May 26, 2014 a dozen things ive learned about great ceos from the outsiders written by william thorndike may 26, 2014. How the outsiders became one of the most important. He is a director of eight companies, and two notforprofit organizations and lives in. Ceo and founder of backupify, rob may also recommended the outsiders by william n. An outstanding book about ceos who excelled at capital allocation. Thorndike, 9781422162675, available at book depository with free delivery worldwide. About the outsiders william thorndike free pdf an outstanding book about ceos who excelled at. Apr 03, 2016 the outsiders by william thorndike, jr. How the outsiders became one of the most important business.
In defining management greatness, most people focus on growth in revenues andor profits. He considers such ceos as truly outstanding ceos and has explored their backgrounds, management approaches and. Like basically, ceos have five essential choices for deploying capitalinvesting in existing operations, acquiring other businesses, issuing dividends, paying down debt, or repurchasing stockand three. Thorndike, on the other hand, focuses on a much more important variable. Hinton was 15 when she started writing the novel, but did most of the work when she was sixteen and a junior in high school. The outsiders by william thorndike the rabbit hole. Dec 10, 2017 this was a book recommended by warren buffet in one of his annual letters. He courted microsoft but eventually struck a deal with. According to wikipedia, the outsiders is a comingofage novel by s. Thorndike, is the founder and managing director of bostonbased private equity firm housatonic partners. Hinton according to wikipedia, the outsiders is a comingofage novel by s. Eight unconventional ceos and their radically rational blueprint for success by william n. The outsiders is a book that all the cool investing kids.
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