Memos from the Chairman

<p><strong>“Ace Greenberg did almost everything better than I do—bridge magic tricks dog training and arbitrage—all the important things in life.” —WARREN BUFFETT</strong><br /><br />Alan C. Greenberg the former chairman of Bear Stearns and a celebrated philanthropist was known throughout the financial world for his biting quirky but invaluable and wise memos. Read by everyone from Warren Buffett to Jeff Bezos to Tom Peters (“I love this book” the coauthor of <em>In Search of Excellence</em> said) Greenberg’s MEMOS FROM THE CHAIRMAN comprise a unique—and uniquely simple—management philosophy. Make decisions based on common sense. Avoid the herd mentality. Control expenses with unrelenting vigil. Run your business at the highest level of morality. Free your motivated intelligent people from the chain of command. Always return phone calls promptly and courteously. Never believe your own body odor is perfume. And stay humble humble humble.</p>