
The Outsiders, by William Thorndike, Jr., is an outstanding book about CEOs who excelled at capital allocation.
Evidence details
Berkshire Hathaway 2012 Annual ReportBuffett highlighted The Outsiders in the Bookworm section of Berkshire Hathaway's 2012 annual report while describing books available to shareholders at the annual meeting.
The quote is taken word for word from the source.
Berkshire Hathaway · 2013-03-01 · accessed 2026-06-21
Shareholder letter · Shareholder letter
In the annual-meeting Bookworm section, Buffett calls The Outsiders an outstanding book about CEOs who excelled at capital allocation and singles out its chapter on Berkshire director Tom Murphy.
