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The Outsiders Book Summary By William N.Thorndike Eight unconventional CEOs and their blueprint

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Who is the greatest CEO of the last 50 years? What is the most important job for a CEO? This book profiles eight “outsider” CEOs who have led companies that outperformed the S&P 500 index by more than 20 times and their peers by more than seven times. Despite their different industries and backgrounds, their grasp of the nature of business is surprisingly consistent. In this book, the author details these shared characteristics in operation management and capital allocation, which are of reference value for both managers and ordinary investors.

William N. Thorndike is the founder of Housatonic Partners, an established private equity firm. He is also a trustee of the Stanford Business School Trust and president of College of the Atlantic Trust. He is also the chairman of U.S. coal giant Consol Energy and a board member of several well-known firms. On top of these positions, he is also a guest lecturer at Harvard Business School and Stanford Business School. As an investment guru, he has been praised by monumental figures such as Warren Buffett, Dell Inc.’s chairman and CEO Michael Dell, and Bill Ackman, a rising star in the investment field.