Warren Buffett: "An outstanding book about CEOs who excelled at capital allocation.”
Charlie Munger: “A book that details the extraordinary success of CEOs who took a radically different approach to corporate management.”
Michael Mauboussin: "It is [a classic], and should be at the top of the reading list for CEOs and investors."
Patrick O'Shaughnessy: "The Outsiders contains great lessons for investors because it highlights the importance of capital allocation."
Brian Armstrong: "Stories about eight CEOs and how they mastered capital allocation."
Sam Hinkie mentioned 'The Outsiders' in an interview with The Ringer.
"The Outsiders" by William Thorndike explores the strategies and practices of eight exceptional CEOs who achieved remarkable success in their respective industries. Thorndike presents insightful analyses of these long-term, high-performing leaders and their decision-making processes.
Through in-depth interviews and extensive research, the author uncovers common traits and strategies employed by these exceptional CEOs, such as their focus on creating value for shareholders, disciplined capital allocation, and the ability to think independently and long-term.
Thorndike examines these leaders' experiences in various fields, showcasing their impact on their companies, industries, and even global markets. He emphasizes the importance of an outsider's perspective, as these CEOs challenged prevailing norms and conventional thinking.
With precision and clarity, "The Outsiders" provides a valuable blueprint for aspiring business leaders, emphasizing the importance of rational decision-making, risk management, and the creation of long-term value.
Throughout the book, Thorndike delves into the challenges faced by these CEOs, demonstrating how their ability to navigate difficult situations contributed to their success. He emphasizes the importance of adaptability, perseverance, and resilience in an ever-changing business landscape.
"The Outsiders" offers readers a unique perspective on leadership, highlighting the unconventional strategies and approaches that led these CEOs to exceptional results. Thorndike provides practical insights and actionable advice, making this book an invaluable resource for executives, entrepreneurs, and anyone interested in understanding what it takes to succeed in the business world.
Overall, "The Outsiders" is a must-read for those seeking inspiration and guidance from some of the most extraordinary CEOs of our time, offering lessons that can be applied to any industry or organization.