Transcript
Introduction
According to Warren Buffett, if you took the top 100 business school graduates and made a composite of their Triumphs, their record would not be as good as that of Singleton, who incidentally was trained as a scientist, not an MBA. Here's a direct quote from Buffett. "The failure of business schools to study men like Singleton is a crime." Buffett has also said that Henry Singleton has had the best operating and capital deployment record in American business. Charlie Munger has said, "Singleton's financial returns were a mile higher than anyone else, utterly ridiculous."
Okay. So starting today's podcast, a little different than I normally do. There's not a lot of information written about Henry Singleton. So I'd just start with some quotes that I found. For today's podcast, I've gathered a number of different resources so we can -- to use as like a blueprint for us to study Henry Singleton. One of those is a book. It's called, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success, and it was written by William Thorndike. There's – one of those 8 is Henry Singleton, and I'm going to quote heavily from that chapter. And then I'm also going to go back to this Forbes article.