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Buy on Taobao ↗A BOOK TO EXPLOREThe OutsidersWilliam N. Thorndike Jr.
The Outsiders
Why are some outstanding CEOs so little known?
The book compares how eight executives allocate capital, select businesses and use resources, often taking paths that differ from prevailing management fashions.
Buy the bookWhy Buffett recommends it
2012 shareholder letter · published in 2013 ↗He praised its account of capital allocation.
Buffett praised the book’s account of CEOs who excelled at capital allocation. He singled out its chapter on Tom Murphy, whom he regarded as the best business manager he had met.
OUR READING
Why is it worth reading?
Following that emphasis, examine where a company’s resources go and how leaders form judgments independent of market fashion.
Who this book is for
Adults interested in business leadership, capital allocation and executive judgment.
A way into the book
Start with the chapter on Tom Murphy, then compare how other leaders approach similar decisions.
The Outsiders
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