17min chapter

Founders cover image

#94 Henry Singleton (The Outsiders)

Founders

CHAPTER

Prioritizing Survival and Margin of Safety for Company Longevity

The chapter emphasizes the importance of maintaining a margin of safety to ensure a company's survival and longevity, drawing parallels with renowned investors like Warren Buffett and Charlie Munger. It examines the disciplined business practices of Henry Singleton's company, focusing on high margins, cost control, and strategic capital allocation. Singleton's unique approach to cash generation, asset management, and investment decisions are highlighted as key factors in his success.

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