, 3 tweets, 1 min read Read on Twitter
One of the stories Mauboussin told was about his role in the book "The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success." He started out covering businesses Ralston Purina which was run by Bill Stiritz who is one of the featured CEOs.
Tom Murphy of Capital Cities, Henry Singleton of Teledyne, Bill Anders of General Dynamics, John Malone of TCI, Katharine Graham of The Washington Post, Dick Smith of General Cinema, and Warren Buffett are the CEOs the author Thorndike decided to write about in The Outsiders.
"Managers and investors have different hurdles. Management tries to achieve returns above the cost of capital. Investors try to anticipate changes in market expectations correctly. Although their objectives are different, investors can use the same strategic tools." Mauboussin
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