#53 Todd Wenning on Lessons from the Titans

This podcast reviews "Lessons from the Titans," a book analyzing the success and failures of industrial giants. The hosts interview Todd Wenning, an investor, who discusses the book's key takeaways, focusing on the importance of strong corporate culture, long-term stewardship, and effective systems like the Danaher Business System. Wenning highlights examples like Dave Cote's leadership at Honeywell and the importance of strong price discipline in acquisitions, as seen in Roper Technologies. He emphasizes the need for continuous monitoring of companies and adjusting investment positions based on evolving circumstances. Listeners gain insights into evaluating company leadership, operational efficiency, and long-term value creation.