The Power of We versus Me

At the age of twenty, Art Unruh flew 50 missions into enemy territory in the European theater of World War II. The first six missions he served as a tail gunner on a B-17 Flying Fortress. Protecting the B-17 from all threats behind the plane was a dangerous assignment, but it wasn’t the most dangerous[…]

10 Lessons from Benjamin Franklin on Wisdom

The investor Mohnish Pabrai was having lunch with Warren Buffett, and he asked him, “if you could have lunch with anyone, living or dead, who would it be?” Buffett replied with a smile, “I’d love to have lunch with Sophia Loren.” But then he got serious and he said, “scratch that answer. I’d really like[…]

How Bucky the Bean Counter Created a World-Class Culture at Nike

From a very young age, Phil Knight, the co-founder of Nike, went by the nickname “Buck.” His father had always referred to him as such, and the name stuck. Even when he ran track for the University of Oregon his track coach, the legendary Bill Bowerman (and Nike’s other co-founder), called him Buck. As Nike[…]

The 8 Best CEOs from the Past 50 Years

In the 2012 Berkshire Hathaway Letter to Shareholders, Warren Buffett recommended the book The Outsiders, by William Thorndike, calling it “an outstanding book about CEOs who excelled at capital allocation.” It tells the story of eight unconventional CEOs who managed to outperform the S&P 500 by over twenty times. How did they do it? It[…]

How My First Boss Saved Me From Failing

I was 23 years old, in my first professional job and I was failing big-time. My boss had recently handed me a list of five-hundred names and phone numbers and instructed me to cold call them. I picked up the phone and started dialing. I felt a palpable sense of fear and anxiety as I[…]