Lessons from 8 great CEOs

In a book called The Outsiders - Eight Unconventional CEOs and their Radically Rational Blueprint for Success, the author William Thorndike asks the question, who have been the best CEOs ever? And what metric should be used to gauge them? Of the 8 chosen CEOs, Warren Buffet of Berkshire Hathaway is the only name I recognized. The other companies included some household names, but most I didn’t recognize: Capital Cities, Teledyne, General Dynamics, TCI, Washington Post, Ralston Purina, General Cinema. Yet, all of these companies witnessed decades of growth and appreciation far above market performance.