3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP555: Lessons from the World's Greatest Capital Allocators

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

How Henry Singleton Made a Great CEO

Henry Singleton founded a conglomerate called Teladine in 1960. One dollar invested in the company in 1963 grew to $180 by 1990 when he retired as chairman. Like any great CEO, Singleton was a world-class capital allocator. He knew how to take a firm's resources to earn the best possible return for shareholders.

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