I liked the quote "Libraries are great for introducing a randomness into your reading. If you are reading the same things as everyone else, how do you expect to think differently?"
It's been years since I've gotten over to my local library. I'll have to head over there this weekend and wander around a bit to see what interesting books I can find. Have you had a chance to read Capital Allocation: Principles, Strategies, and Processes for Creating Long-Term Shareholder Value by David Giroux?
It's one of my favorite books and written by the chief investment officer for US equities at T. Rowe Price. It has some excellent chapters on various companies such as Roper Technologies and their transformation from an industrial conglomerate to their current focus on cash return on investment that has led them into the vertical market software business. The book has a nice balance between outlining successes and failures which in my opinion is quite unique. Often when I read business books they only discuss success and avoid discussion of failure cases so it's rare to find a book that balances between the two so well.
I liked the quote "Libraries are great for introducing a randomness into your reading. If you are reading the same things as everyone else, how do you expect to think differently?"
Thanks for the great article. :)
Thanks for sharing! I didn’t know Pizza Tiger and it’s already on the list!
Did Chancellor rename at some point Capital Account for Capital Returns?
It's been years since I've gotten over to my local library. I'll have to head over there this weekend and wander around a bit to see what interesting books I can find. Have you had a chance to read Capital Allocation: Principles, Strategies, and Processes for Creating Long-Term Shareholder Value by David Giroux?
It's one of my favorite books and written by the chief investment officer for US equities at T. Rowe Price. It has some excellent chapters on various companies such as Roper Technologies and their transformation from an industrial conglomerate to their current focus on cash return on investment that has led them into the vertical market software business. The book has a nice balance between outlining successes and failures which in my opinion is quite unique. Often when I read business books they only discuss success and avoid discussion of failure cases so it's rare to find a book that balances between the two so well.