Mar 28
The Capital Misers Portfolio
by Ned Hawley
In The Outsiders, an outstanding book about revolutionary corporate leadership, William Thorndike profiles eight unconventional CEO’s who re-wrote the rules of capital allocation and, in so doing, delivered phenomenal returns to shareholders during their tenure. These eight CEO’s, including the likes of Henry Singleton of Teledyne and Tom Murphy of Capital Cities/ABC, believed in a…