Recommended by
- Warren Buffett: "The Outsiders, by William Thorndike, Jr., is an outstanding book about CEOs who excelled at capital allocation." source ↗
- Charlie Munger A study of eight CEOs who beat the S&P by roughly twenty times through disciplined capital allocation and per-share thinking rather than empire-building — including Berkshire's own Tom Murphy and Teledyne's Henry Singleton. Munger blurbed the book and, at Berkshire meetings, singled out its 'odd blend of decentralized operations and highly centralized capital allocation' as the right model. source ↗