The Outsiders by Chris Stephens, Burgundy Blog William Thorndike, Jr.’s book, The Outsiders: Eight Unconventional CEOs and their Radically Rational Blueprint for Success, has been making the rounds at Burgundy. It has received high praise in the industry, from hedge fund manager Bill Ackman, Peyto CEO Darren Gee, and (perhaps unsurprisingly) Warren Buffett himself. The subject matter is all there in the subtitle; Thorndike examines eight outstanding CEOs from the past 50 years in an attempt to decode the secret to their companies’ superior long-term returns. They were evaluated relative to their peers and notably Jack Welch, CEO of General Electric. The spotlight…
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