Use features like bookmarks, note taking and highlighting while reading the outsiders. 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. 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. About the outsiders william thorndike free pdf an outstanding book about ceos who excelled at capital allocation. A book that details the extraordinary success of ceos who took a radically different approach to corporate.
In defining management greatness, most people focus on growth in revenues andor profits. This is joe magyer and im here today with will thorndike, the founder of housatonic partners and the author of the outsiders. I really liked this book because capital allocation rarely gets talked about at the csuite level from my experience. A dozen things ive learned about great ceos from the. Eight unconventional ceos and their radically rational blueprint for success william. Fool contributor john maxfield explains what makes william thorndike jr. How the outsiders became one of the most important business. William thorndike, investor and author of the outsiders, looks at some lessknown but more effective executives. Everyday low prices and free delivery on eligible orders. He is a director of eight companies, and two notforprofit organizations and lives in. If youre not a joiner, buy my ebook, read 30 books in 30 days like francis bacon instead. Press question mark to learn the rest of the keyboard shortcuts. Eight unconventional ceos and their radically rational blueprint for success by.
Thorndike, 9781422162675, available at book depository with free delivery worldwide. In the outsiders, youll learn the traits and methodsstriking for their consistency and relentless rationalitythat helped these unique leaders achieve such exceptional performance. 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. He courted microsoft but eventually struck a deal with. 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. With success measured as the creation of shareholder value. You will meet eight individualistic ceos whose firms average returns. Apr 03, 2016 the outsiders by william thorndike, jr. I make good grades and have a high iq and everything, but i dont use my head. May 08, 2014 william thorndike, founder of private equity firm housatonic partners, is as surprised about the success of his book as anyone. Next up is william thorndike who talks about his popular book, the outsiders. In his 2012 shareholder letter buffett praises the outsiders as an outstanding book about ceos who excelled at capital allocation. Humble, unassuming, and often frugal, these outsiders shunned wall street and the press, and shied away from the hottest new management trends. He considers such ceos as truly outstanding ceos and has explored their backgrounds, management approaches and.
Their radically rational blueprint for success william thorndike. The outsiders eight unconventional ceos pdf college learners. The people chronicled in the book would come closest to the ideal ceo for somebody like buffet. Eight unconventional ceos and their radically rational blueprint for. I found this book an interesting read as i didnt know anything about most of the profiled ceos and their companies. His journey researching the outsiders started when he volunteered to give a talk at a conference organized for the ceos of his firms portfolio companies.
The outsiders is a book that all the cool investing kids. The definitive book on value investing a book of practical counsel by benjamin graham paperback. This is one few books recommended by warren buffett, and touches on one of the most skills of a ceocapital allocation. Founded housatonic partners, a private equity firm with offices in boston and. It has become more than a cult hit, selling more than 75,000 copies. 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. Eight unconventional ceos and their radically rational blueprint for success by william n. How the outsiders became one of the most important.
This book was recommended by warren buffett in his 2012 annual letter. According to wikipedia, the outsiders is a comingofage novel by s. Eight unconventional ceos and their radically rational blueprint for success. The outsiders is a collection of portraits of eight unconventional, yet very successful exceos of public companies. Ceo and founder of backupify, rob may also recommended the outsiders by william n. Dec 10, 2017 this was a book recommended by warren buffet in one of his annual letters. Thorndike is founder and a managing director of housatonic partners, a private equity firm. Unconventional ceos and berkshire hathaway 2020 annual report pdf hacker. An outstanding book about ceos who excelled at capital allocation. Summary thorndike profiles eight ceos who he considers outsiders because of the way they make decisions and run their respective companies.
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. Facebook, apple, amazon or microsoft but of companies that went on to achieve exceptional. Thorndike, on the other hand, focuses on a much more important variable. Thorndike, a book examining how unconventional ceos created a radically rational blueprint for success. About the outsiders william thorndike free pdf an outstanding book about ceos who excelled at. 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. Rational blueprint for success, william thorndike makes a case for who the greatest ceos of the last fifty years really are. Thorndike, is the founder and managing director of bostonbased private equity firm housatonic partners. May 26, 2014 a dozen things ive learned about great ceos from the outsiders written by william thorndike may 26, 2014. Download it once and read it on your kindle device, pc, phones or tablets.
Hinton according to wikipedia, the outsiders is a comingofage novel by s. Twelve classic tales from the world of wall street. Eight unconventional ceos and their radically rational blueprint for success kindle edition by thorndike, william. 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. 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. Drawing on years of research and experience, thorndike tells eyeopening stories, extracting. The outsiders by william thorndike the rabbit hole. 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. The outsiders basically looks at 8 ceos that have excelled at capital allocation and shareholder value creation. Eight unconventional ceos and their radically rational blueprint for success by william thorndike here. 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.
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