Founders

What I learned from reading The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success by William Thorndike.----Come see a live show with me and Patrick O'Shaughnessy from Invest Like The Best on October 19th in New York City. Get your tickets here! ----Subscribe to listen to Founders Premium — Subscribers can listen to Ask Me Anything (AMA) episodes and every bonus episode. ---[0:30] The failure of business schools to study men like Henry Singleton is a crime— Warren Buffett[2:40]Buffett and Singleton: Separated at birth?[8:35]The Singular Henry Singleton[14:40] Supremely indifferent to criticism[19:50] Teledyne breaks up huge business into a bunch of small profit centers[29:30] Risk is controlled. Divisions will remain relatively small.[32:00} Building a cash generating machine [36:30] Bet heavily when you have an edge.[44:00] Singleton has found a way to run a multibillion dollar company in an entrepreneurial, innovative way.[50:16] Singleton had a different focus: Capital