The outsiders book john malone

The outsiders is a great book that looks at eight ceos who produced above average returns for shareholders over the long term. Subtitled, eight unconventional ceos and their radically rational blueprint for success, it offers lessons from business leaders who have delivered consistently great financial returns in the long term. When john malone joined the cable company tci in 1973, the company was doing well with 600,000 subscribers. Anyway, from reading this you will see how immensely rational malone is. In most cases these ceos were not attention junkies and were not only great capital allocators but also time allocators. The new outsiders of course, the book is a historical study, and most of its profiled ceos are no longer in business. An inside look at a cable titan and his industry john malone, hailed a. If activist investors seem like they are all using the same playbook, it may be because many are at least reading the same book. The book walks through case studies of their careers and the value that they built.

Henry singleton from teledyne, john malone from liberty media, katherine. This book looks at a group of ceos that performed extraordinarily well over long periods of time. Eight unconventional ceos and their radically rational blueprint for success. It is a story of a rancher magness who sold is cattle to climb on towers and wire homes, and of john malone a financial and business visionary who saved the company from bankruptcy some will say multiple time and led it to its powerful position. Lets talk about john malone for a moment another genius and quite possibly the originator of what jeff bezos would later come along and do. Heres a book that flies in the face of the zeitgeist. The outsiders may not be a huge best seller, but it is the book that. A majority of outsiders developed extremely simple templates to analyze acquisitions. William thorndike is the author of my favourite investing book, the outsiders. John malone of tci, katharine graham of the washington post co. One of my favourite books on capital allocation is the outsiders. The best ceo book ive ever read the reformed broker.

Its also a good read because malone is one of the outsiders from the above book. Hintons novel the outsiders, which celebrates its 40th anniversary this year. Hinton published the outsiders, a book about the hurts and dreams shared by two groups. This book goes into much more detail, obviously, than the single chapter in the outsider book. Over 29 years tom murphy of capital cities produced a 19. This book looks at a group of ceos that performed extraordinarily well over long. These days, malone, through his being chairman and the largest. In the case of john malone at tci, this analysis could be done on a single sheet of paper or if necessary, the back of a napkin. An inside look at finding outsider ceos the motley fool. Learning from the outsiders investment masters class. At a time when the average youngadult novel was, in. The outsiders may not be a huge best seller, but it is the book that appears to be influencing ceos and big hedge fund and private equitytype investors. How the outsiders became one of the most important.

The book is an attempt to bust the availability bias towards the contemporary ceo. Well, you can be forgiven if these names have escaped you. John malone and tci the cable industry was growing extremely quickly, with subscribers growing 20fold over a matter of years in the late 1960s and early 1970s. It did not require extensive modeling or projections.