Berkshire Hathaway

Founders · Aug 31

How Henry Singleton Worked

Thorndike calls Singleton a proto Buffett, since Berkshire used methods first applied at Teledyne. Both ran decentralized firms with few corporate staff, no quarterly guidance, concentrated public holdings and insurance float as the largest business.

Tips

• Henry Singleton followed his own thinking instead of the Wall Street crowd▶ 15:15Buffett's Berkshire later used many of the same tenets Singleton had applied first at Teledyne.