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 do 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.Get access to some of the most sought-after real estate in the U.S. with Crowdstreet.Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples!Send, spend and receive money around the world easily with Wise.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Learn more about how you can get started investing in some of the best cash flow markets today with Rent to Retirement.Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Canada’s #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Buy your own Bitcoin mining machines and host them with Blockware Solutions.Be part of the solution by investing in companies that are actively engaged in integrating ESG practices with Desjardins.Updating your wardrobe or just simply looking for a new fall flannel? Head to Mizzen+Main and use promo code WSB to receive $35 off an order of $125 or more!Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.Live local in Melbourne and enjoy $0 Stamp Duty*!Get the most from your bitcoin while holding your own keys with Unchained Capital. Begin the concierge onboarding process on their site. At the checkout, get $50 off with the promo code FUNDAMENTALS.The interval fund, a breakthrough innovation. Only at Mackenzie.Take advantage of a free mortgage review and learn about custom loans that can save you big money with American Financing.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


by We Study Billionaires - The Investor’s Podcast Network