Below is a fantastic interview of the former head of Capital Cities Tom Murphy from the year 2000.  Murphy was a tremendous businessman that grew Capital Cities from an extremely small base to eventually buy ABC, with the help of his good friend Warren Buffett.  Eventually, Murphy sold Capital Cities to Disney, which has obviously continued to flourish.  Murphy focused on the shareholders’ and ran the business as though he owned 100% of it.  Instead of focusing on growth for growth’s sake, he focused on maximizing the value of the business on a per/share basis.  This is how all CEO’s should think but unfortunately it is far from being the status quo.  I hope that you enjoy, as I certainly believe this article will be worth your time.