Money magazine has named Southwest Airlines common stock the premier investment of the last thirty years, with the runner-up, Wal-Mart, only a distant second.
Now Southwests founding president and CEO (197078), Lamar Muse, offers a definitive account of the airlines scrappy beginning. The principles and practices that assured the companys success were, largely, Muses own. Those same winning strategies continue to sustain the company through the markets ups and downs.
During his school days in Palestine, Texas, Muse was known by the nickname "Ug," short for "ugly." He never earned a college degree. But with a brilliant and broad understanding of complex market forces, he bypassed "business as usual" to launch Southwest Airlines.
Lamar Muse established Southwest using clear, practical, timeless solutions. Likewise, in Southwest Passage, he delivers plain facts and informed opinions that replace convoluted outsider accounts of the companys history. For anyone wondering how the air industry can renew itself, how Southwest achieved its dominance, or how business really works, this unique story has the answers.




