
Founder connections
- Warren BuffettRecommendationBuffett recommends Beuth’s autobiography in Berkshire’s 2015 shareholder letter, released February 27, 2016, describing its account of Capital Cities and its leaders Tom Murphy and Dan Burke.Source
Summary
Phil Beuth recounts his early life and broadcasting career at Capital Cities Communications. His memoir connects personal challenges and the people who helped him with the growth of the company where he worked. It includes accounts of its leaders, Tom Murphy and Dan Burke, and offers a view of a broadcasting business from an employee who took on larger roles as it expanded.
Why read it Our view
Study the growth of Capital Cities through the work of its managers and employees. The broadcasting-company history provides a case for comparing the operating choices behind the growth of a business.