Classic 10: Warren Buffett's Book Recommendation - The Outsiders

IN THIS EPISODE, YOU'LL LEARN:

• 06:25 - Why you want the CEO to think more like a capital allocator than a traditional CEO.
• 09:23 - How the best capital allocators create arbitrage on their own stocks.
• 24:39 - Use to use debt intelligently when growing your company.
• 36:27 - How and why the most profitable companies does not compete on price.

BOOKS AND RESOURCES:

• William Thorndike’s book, The Outsiders – Read reviews of this book.
• Additional resources on International P/E Ratios.
• Free executive summary of The Outsiders.
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