Katharine Graham

"“When the opportunity to buy Energizer came up, a small group of us met at 1:00 PM and got the seller’s books. We performed a back of the envelope LBO model, met again at 4:00 PM and decided to bid $1.4 billion. Simple as that. We knew what we needed to focus on. No massive studies and no bankers.”5 Again, Stiritz’s approach (similar to those of Tom Murphy, John Malone, Katharine Graham, and others) featured a single sheet of paper and an intense focus on key assumptions, not a forty-page set of projections."

"Further Reading Auletta, Ken. The Highwaymen: Warriors of the Information Super Highway. New York: Harcourt, Brace and Company, 1997. Auletta, Ken. Three Blind Mice: How the TV Networks Lost Their Way. New York: Random House, 1991. Bernstein, Peter L. Against the Gods: The Remarkable Story of Risk. New York: John Wiley and Sons, 1996. Biggs, Barton. Hedge hogging. Hoboken, NJ: John Wiley and Sons, 2006. The Buffett Partnership. Collection of Reports to Investors, 1958–1969. Byrne, John A. The Whiz Kids: The Founding Fathers of American Business and the Legacy They Left Us. New York: Currency/Doubleday, 1993. Conant, Jennet. Tuxedo Park: A Wall Street Tycoon and the Secret Palace of Science That Changed the Course of World War II. New York: Simon & Schuster, 2002. Cunningham, Lawrence. The Essays of Warren Buffett: Lessons for Corporate America. Durham, NC: Carolina Academic Press, 1997. Drucker, Peter F. Adventures of a Bystander. New York: Harper and Row, 1978. Ellis, Charles D., ed. (with James R. Vertin). Classics: An Investor’s Anthology. Homewood, IL: Dow Jones-Irwin, 1989. Gladwell, Malcom. Outliers: The Story of Success. New York: Little, Brown, and Company, 2008. Gleick, James. The Information: A History, a Theory, a Flood. New York: Vintage Books, 2011. Graham, Katharine. Personal History. New York: A.A. Knopf, 1997. Hagstrom, R.G. The Warren Buffett Portfolio. New York: John Wiley and Sons, 1999. Halberstam, David. The Best and the Brightest. New York: Random House, 1972. Kahneman, Daniel. Thinking, Fast and Slow. New York: Farrar, Straus, and Giroux, 2011. Kaufman, Peter D. Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger. Los Angeles: PCA Publications, 2005. Kuhn, Thomas S. The Structure of Scientific Revolutions. Chicago: University of Chicago Press, 1996. Lawrence, Mary Wells. A Big Life (in Advertising). New York: Simon & Schuster, 2002. Lowe, Janet. Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger. New York: John Wiley and Sons, 2000. Lowenstein, Roger. Buffett: The Making of an American Capitalist. New York: Random House, 1995. Mauboussin, Michael. More Than You Know: Finding Financial Wisdom in Unconventional Places. New York: Columbia University Press, 2006. Poundstone, William. Fortune’s Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street. New York: Hill and Wang, 2005. Press, Eyal. Beautiful Souls: Saying No, Breaking Ranks, and Heeding the Voice of Conscience in Dark Times. New York: Farrar, Straus, and Giroux, 2012. Preston, Richard. American Steel. New York: Avon Books, 1992. Pruitt, Bettye H. The Making of Harcourt General: A History of Growth Through Diversification 1922–1992. Boston: Harvard Business School Press, 1994. Roberts, John. The Modern Firm: Organizational Design for Performance and Growth. New York: Oxford University Press, 2004. Robichaux, Mark. Cable Cowboy: John Malone and the Rise of the Modern Cable Business. Hoboken, NJ: John Wiley and Sons, 2002. Skildelsky, Robert. John Maynard Keynes, Volume 2: The Economist as Savior, 1920–1937. New York: Penguin Books, 1995. Swensen, David F. Unconventional Success: A Fundamental Approach to Personal Investment. New York: Free Press, 2005. Tedlow, Richard S. Giants of Enterprise: Seven Business Innovators and the Empires They Built. New York: Harper Business, 2001. Train, John. The Money Masters. New York: Harper and Row, 1980. Index Note: Page numbers followed by f refer to figures; page numbers followed by t refer to tables."

"Tisch eventually became one of a group that joined Buffett every two years on a one-week trip for business leaders and investors. Oth- ers included the likes of Tom Murphy of newspaper publisher Capital Cities, Katharine Graham of The Washington Post, and William Ruane, whose investment fund focused on media stocks; they met in places such as Aspen, Colorado, or en route to Britain via the Queen Elizabeth II. “Half the time we discuss the media and media stocks and investments,” Tisch said of these trips. “Certain things in the investor world when you don’t have a working knowledge, you sort of shy away. When you get a familiarity with the subject, it makes it easier to take a position.”"