#110 Henry Singleton (Teledyne)

In this podcast episode, the host delves into George Roberts' biography of Henry Singleton, the visionary founder of Teledyne. The conversation showcases Singleton's remarkable business skills, illustrated by his impressive growth from $10 million in sales to $3.5 billion in just 22 years. It also explores his strategic shift from focusing on acquisitions to prioritizing stock buybacks, all while emphasizing long-term value over quick profits. The episode highlights Singleton's careful decision-making, his strong reliance on personal judgment, and his exceptional talent for resource allocation, which went beyond just financial capital. Additionally, it underscores the significance of surrounding himself with skilled individuals. The speaker draws intriguing comparisons between Singleton's methods and those of Warren Buffett, showcasing Singleton's lasting impact on the investment landscape. Ultimately, the discussion reinforces the value of continuous learning and a long-term perspective in both business and life.