top five thinkers

7/31/2019 Top Five Thinkers

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Adam Smith Adam Smith was born on 5th June 1723.

Adam Smith wrote The Wealth of Nations in 1776 whichis considered the first modern work of economic theory.

He guided to produce the right amount and variety ofgoods needed by society by a so-called invisible hand.

The invisible hand is created by the combination of oureconomys self-interest, competition, and supply anddemand forces, and is capable of allocating resources insociety.
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Continued He is well known as the Father of Economics.

Adam Smith stated that

"Every tax, however, is, to the person who pays it, abadge, not of slavery, but of liberty.


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Benjamin Graham Born in London in 1894. The father of value investing

He began his career in Wall Street in June in 1914.

He taught investment for 28 years at Columbia University. Warren Buffet was his student at Columbia University.

His published works have instructed many thousand ofstudents.

He actualy fathered the modern study of investment. His investment philosophy was down to three word

Margin of Safety.
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C. K Prahalad

Influential thinker on competition and innovation.

Born in 1941.Professor at Michigan University Educational Qualification Bsc from Madras

university, PGDBA from IIM, Doctor of BusinessAdministration (DBA), Harvard Business School,

Author and coauthor of several books competing forthe future, future of competition, bubble at thebottom of the pyramid, etc.


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Continued. Awarded the Lifetime Achievement Award, The Ross

School of Business, Michigan University In year 2000 received the Lal bahadur Shastri award for the

contribution to Management and public administration

Industrial Achievements:

Member of the Board, NCR corporation, member of theAudit Committee and the Chair of the Governance

Committee

Member of the Board, Hindustan Lever Ltd., Member ofthe Audit Committee

Member, Advisory Board, Microsoft, India Member, Global Board of Trustees, The Indus

Entrepreneurs (TIE), one of the worlds largestorganizations devoted to entrepreneurship


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Warren Buffet He was born into upper middle class family on 30th August

1930 in Omaha, Nebraska.

Called the "Wizard of Omaha", "Oracle of Omaha", or the

"Sage of Omaha He wrote the groundbreaking bookSecurity Analysis.

Later, he would publish the intelligent investors whichmake a huge impression oh buffet.

He was more interested in how a company worked, what itsbusiness philosophy and management style were and howit differed from the competition.

In the 1970s Buffet was considered one of the mosttalented investor in the country.
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