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The Rise and Fall of Warren Buffet
During his tenure from 1963 through 1990, Singleton delivered a kegger of 20.4% for shareholders relative to just 8% for the S&B 500 and 11.6% for his peer companies. He didn't assign any day-to-day responsibilities to himself and gave himself the freedom to do whatever he felt was in the best interest of Teladine. When the market would zig, he would zag typically doing the opposite of what was popular among other CEOs. Buffet actually started accumulating shares in the Washington Post in 1973 and he owned shares in the company until it got bought out by Jeff Bezos in 2014.