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?"
So the other book is a continuation of the previous letters from 2002-2015. Forgive me if I misunderstood the question, what do you mean by rename? Thanks again and I hope that is helpful.
I see! I was completely unaware of Capital Account, but the tittle seemed to me the same as Capital Returns, so I thought it was like the second edition or something like that! 😅🤦🏻♂️ thanks!
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.
Hey Adam, I will google that book it sounds great. As an alternative to going to the local library you can find the title by searching on archive.org for free (same with many of these expensive investment books). Here is one link: https://archive.org/details/capitalaccount00edwa
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?
So the other book is a continuation of the previous letters from 2002-2015. Forgive me if I misunderstood the question, what do you mean by rename? Thanks again and I hope that is helpful.
I see! I was completely unaware of Capital Account, but the tittle seemed to me the same as Capital Returns, so I thought it was like the second edition or something like that! 😅🤦🏻♂️ thanks!
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.
Hey Adam, I will google that book it sounds great. As an alternative to going to the local library you can find the title by searching on archive.org for free (same with many of these expensive investment books). Here is one link: https://archive.org/details/capitalaccount00edwa
Thanks for the recommendation, Adam. That sounds right up my alley.