The CEOs in 'The Outsiders' demonstrated frugality and humility in several ways. They avoided corporate perks and media spotlight, indicating their humble nature. Their frugality was evident in their investment strategies; they bought their stock when it was cheap and leveraged it to raise cheap capital when it was expensive. They were also patient, willing to wait long periods to identify compelling investment or acquisition opportunities. In their pursuit of per-share value, they were even ready to shrink their company size and share base.
A book that received high praise from Warren Buffett, The Outsiders chronicles the unconventional te...
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