The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
A book that received high praise from Warren Buffett, The Outsiders chronicles the unconventional techniques that led eight CEOs to outperform the S&P 500 by an astounding twenty times. The best CEOs are not managers, but capital allocators. They were not charismatic visionaries who actively managed operations. On the contrary, they decentralized operations and centralized capital allocation. They rarely paid dividends and emphasized cash flows over net revenue. Learn how their approach generated exceptional returns across industries and market conditions.