The CEOs in 'The Outsiders' share several personal characteristics. They are known for their frugality, humility, independence, and an analytical, understated approach. Almost all of them were first time CEOs who avoided corporate perks and media spotlight. They were more investors than managers, with high confidence in their analytical skills. They were strategic in their investments, buying their stock when it was cheap and leveraging it to raise cheap capital when it was expensive. They were patient, willing to wait long periods to identify compelling investment or acquisition opportunities. In pursuing per-share value, they were ready even 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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