"I do not define my job in any rigid terms, but in terms of having the freedom to do what seems to me to be in the best interests of the company at any time."
Singleton should be emulated more often. Too bad Distant Force is so expensive. The book is covered in this episode of Founders Podcast. Worth listening to.
This is the line > 'With an open mind and an even keel — rather than a brazen display of intelligence.' - In that one line you summed up those who excel from everyone else.
Singleton should be emulated more often. Too bad Distant Force is so expensive. The book is covered in this episode of Founders Podcast. Worth listening to.
https://founders.simplecast.com/episodes/110-distant-force-a-memoir-of-the-teledyne-corporation-and-the-man-who-created-it
Thanks -- I'll check that out. I've heard great things about that podcast. (And, yes, the price of Distant Force is crazy!)
This is an excellent write up on Singleton, thank you Kingswell.
For anyone interested in some extra tidbits on him, I’d recommend John Mihaljevic’s podcast:
https://soundcloud.com/latticework-podcast/henry-singleton
He was one of a kind. His track record at Teledyne was truly amazing. Don't think he is studied enough.
Yes, I completely agree! I'm hoping to read "Distant Force" about Singleton & Teledyne sometime soon.
This is the line > 'With an open mind and an even keel — rather than a brazen display of intelligence.' - In that one line you summed up those who excel from everyone else.
Fully enjoyed this article! Thanks Kingswell. We can never get enough on Singleton.
Henry Singleton is a Profitability Investor.
Henry Singleton's requirement in any undertaken business:
ROA ≥ 20% & ROIA ≥ 20%