Smash Notes
Why Did Henry Singleton Buy Back So Much Teledyne Stock? · Founders

Founders

#431 How Henry Singleton Worked

What I learned from reading Distant Force: A Memoir of the Teledyne Corporation and The Man Who Created It by George Roberts and The Outsiders by William Thorndike. Made possible by: Ramp: ⁠⁠https://ramp.com⁠⁠ Applovin: ⁠⁠https://www.applovin.com Vanta: ⁠⁠https://vanta.com/founders Some of my favorite quotes: 0:00 — "He aggressively repurchased his stock…

People

Notes

  1. How Fast Did Henry Singleton Compound Teledyne? at 0:23

    David Senra, reading the book's account, says Henry Singleton compounded Teledyne at an extraordinary 20.4% a year for almost 30 years. Full answer

  2. How Did Henry Singleton Build Teledyne? at 4:30

    David Senra, reading the book's account, says Henry Singleton built Teledyne by founding it in July 1960 with George Kosmetsky, at 43, after never founding a… Full answer

  3. Why Did Henry Singleton Buy Back So Much Teledyne Stock? at 10:24

    David Senra, reading the book's account, says Henry Singleton bought back 90% of Teledyne's stock because the shares were simply too cheap and he could earn a… Full answer

  4. Why Did Henry Singleton Try to Create Another General Electric? at 26:08

    David Senra, reading the book's account, says Henry Singleton tried to create another General Electric, which is why the companies he chose to acquire became… Full answer

  5. Why Did Teledyne Stop Buying Companies in 1969? at 33:30

    David Senra, reading the book's account, says Teledyne stopped buying whole companies in 1969 because Henry Singleton decided the prices were getting too high. Full answer

  6. What Did Warren Buffett Say About Henry Singleton? at 44:06

    David Senra says Warren Buffett gave Henry Singleton the best operating and capital deployment record in American business. Full answer

  7. Why Did Henry Singleton Invest in Apple? at 45:39

    David Senra, reading the book's account, says Henry Singleton invested in Apple because most of the millions of expected computer customers would feel… Full answer

Related notes

Related episodes

Plays from this note through the rest of the episode.

Note

Weekly highlights

One letter a week.

The notes worth hearing, with the minute they were said.