ASX: KPG William Thorndike | How he got into investing, principles of the Outsiders book 

ASX: KPG William Thorndike | How he got into investing, principles of the Outsiders book
ASX: KPG held their 2021 AGM virtually and invited William Thorndike a shareholder of KPG to speak to shareholders. A special episode with William Thorndike, founder and managing director of Housatonic Partners, a private equity firm and someone with a laser focus on all things investing and leadership.
Author of The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success, the book has sold over 100,000 copies worldwide and was #1 on Warren Buffett’s Recommended Reading List 2012. Learn about what makes a great CEO, where you and your business are currently at, and where you should be aiming for.
IN THIS EPISODE, YOU’LL LEARN:
0:00:00 - Intro
0:03:00 - How did William Thorndike get into investment?
0:06:12 - How did he begin to execute his knowledge in small ways as he built some capital?
0:07:28 - As a young man working in these investment roles, what was the structure? Employee? Co-owner?
0:09:03 - Was it a light bulb moment or research that made this book come about?
0:12:50 - What is the pattern across the group of "outsiders"?
0:13:22 - Did the book set out to be a manual for use in his business?
0:14:50 - What are the major principles in the book "outsiders"?
0:22:42 - Was Henry Singleton the prototypical CEO?
0:27:39 - Constellation approach: Are there examples of large businesses being built without taking on transformative acquisitions that haven't ended up in a negative position?
0:30:30 - How do you finance flywheel going?
0:38:17 - Q& A
0:39:40 - How many copies of the book were sold?
0:40:08 - Is there scope for a second edition of "outsiders?"
0:40:57 - Are there special characteristics needed to be a CEO today?
0:50:23 - Finish
Apple Podcasts
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Spotify
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