Book description
"An outstanding book about CEOs who excelled at capital allocation." -- Warren Buffett #1 on Warren Buffett's Recommended Reading List, Berkshire Hathaway Annual Shareholder Letter, 2012 Named one of "19 Books Billionaire Charlie Munger Thinks You Should Read" in Business Insider. "A book that details the extraordinary success of CEOs who took a radically different approach to corporate management." -- Charlie Munger, Vice-Chairman of Berkshire Hathaway Corporation "Thorndike explores the importance of thoughtful capital allocation through the stories of eight successful CEOs. A good read for any business leader but especially those willing to chart their own course." -- Michael Dell, chairman of the board of directors and chief executive officer of Dell What makes a successful CEO? Most people call to mind a familiar definition: "a seasoned manager with deep industry expertise." Others might point to the qualities of today's so-called celebrity CEOs--charisma, virtuoso communication skills, and a confident management style. But what really matters when you run an organization? What is the hallmark of exceptional CEO performance? Quite simply, it is the returns for the shareholders of that company over the long term. In this refreshing, counterintuitive book, author Will Thorndike brings to bear the analytical wisdom of a successful career in investing, closely evaluating the performance of companies and their leaders. You will meet eight individualistic CEOs whose firms' average returns outperformed the S&P 500 by a factor of twenty--in other words, an investment of $10,000 with each of these CEOs, on average, would have been worth over $1.5 million twenty-five years later. You may not know all their names, but you will recognize their companies: General Cinema, Ralston Purina, The Washington Post Company, Berkshire Hathaway, General Dynamics, Capital Cities Broadcasting, TCI, and Teledyne. In The Outsiders, you'll learn the traits and methods--striking for their consistency and relentless rationality--that helped these unique leaders achieve such exceptional performance. Humble, unassuming, and often frugal, these "outsiders" shunned Wall Street and the press, and shied away from the hottest new management trends. Instead, they shared specific traits that put them and the companies they led on winning trajectories: a laser-sharp focus on per share value as opposed to earnings or sales growth; an exceptional talent for allocating capital and human resources; and the belief that cash flow, not reported earnings, determines a company's long-term value. Drawing on years of research and experience, Thorndike tells eye-opening stories, extracting lessons and revealing a compelling alternative model for anyone interested in leading a company or investing in one--and reaping extraordinary returns.
Preach Man
The chapters feature on ListenBook enhances my audiobook exploration – it's like flipping through pages. I'm amazed by the variety of genres available – there's something for everyone.
Snapdragon
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Hidden Tree
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Diamond Gamer
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Frosty Sunshine
ListenBook's commitment to delivering an exceptional audiobook experience is evident in its thoughtful features and design. ListenBook is a game-changer! Finally, an app that lets me enjoy my favorite audio files with ease. Effortless audiobook exploration – this app's functionality is remarkable. Kudos to ListenBook for the intuitive design and easy-to-use controls. It's evident that they've put a lot of thought into user experience.
Napoleonic Haze
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Mad Kid
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RedFeet
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Romance Guppy
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Duchess
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Friday Ferrari
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NexusNomad
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Knight Light
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Storm Master
I'm hooked on this app's intuitive features – from chapters to playback controls. I'm impressed by the extensive statistics feature, allowing me to track my audiobook consumption over time.
Riff Raff
I love how ListenBook caters to various formats, making it versatile and accommodating for all my audiobooks. Audiobooks on the go – this app's design prioritizes convenience.
Swedish Twizz
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The Shield Toronto
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Loot
I can't get enough of the celebrity narrators – they add a unique charm to each book. I'm impressed by ListenBook's commitment to providing a silky-smooth playback experience. ListenBook's support for CarPlay and Apple Watch integration has made multitasking with audio content a breeze. Kudos to the developers for making this app iOS 16 optimized. It runs like a dream! Automated artwork and metadata retrieval add a professional touch to my audiobook library.
Sand Whiskers
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Doll Champagne
ListenBook Pro offers an unbeatable deal – unlimited audiobook length and noise reduction. ListenBook's statistics feature is eye-opening. I had no idea how much time I spent immersed in audiobooks until I started using it. Automated artwork and metadata extraction add a professional touch to my audiobook collection.
Playing a wide variety of audio formats
Works on all devices with iOS 13 and newer
Huge amount of features for a small price
Frequent updates to add new features and improve existing ones
Advanced playback controls
Live sound processing
Changing the timbre of the reader's voice and noise reduction
Translated into more than 20 languages
If you love listening to fiction audiobooks, ListenBook has features to make the process easier.
Edit book data: title, author, cover
Use equalizer to make the sound comfortable for you
Adjust the playback speed
Enjoy dark and light app themes
Supported formats: MP3, M4B, AWB, FLAC, OGG audio files and many more (must be DRM free)
Auto-Bookmarks make it easy to find your place
AirPlay support allows redirection of audio output.
VoiceOver support
Dark mode for night owls
Convenient bookmarking system helps you mark the most important places.
Unlimited bookmarks for each audiobook
Put your own cover on the wager
Share your audiobook with friends
Lock-screen control
Customise app with extensive options
Sleep timer with shake to reset, set custom notification sounds, and a few unique options
Auto rewind depending on paused time, customize rewind times to your liking
Removing background noise from recordings made in classrooms and meetings
Changing the timbre of the reader's voice for a better listening experience