“Ace Greenberg did almost everything better than I do—bridge, magic tricks, dog training, and arbitrage—all the important things in life.” —WARREN BUFFETT
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 In Search of Excellence 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.
Alan C. Greenberg (born 1927) is a former Chairman of the Executive Committee of The Bear Stearns Companies Inc.
He began work at Bear Stearns in 1949 as a clerk. He served as Chairman of the Board of Bear Stearns from 1985 to 2001, and as its CEO from 1978 to 1993. Greenberg serves also as a director of Bear Stearns and a non-executive director of Viacom. He is the author of Memos from the Chairman, which is a compilation of humorous but meaningful memos he issued to the associates of Bear Stearns during his tenure as CEO.
Alan Greenberg is married to Kathy Greenberg, who is the Board Chair of Cardozo School of Law and the founder of the New York Legal Assistance Group.