Must read about Dr. Henry Singleton

Henry Earl Singleton was an American electrical engineer, business executive, and rancher/land owner. He founded Teledyne Inc. with his Partner George Kozmetsky, one of America’s most successful conglomerates and was its chief executive officer for three decades. Late in life, Singleton became one of largest holders of ranchland in the United States.
Seems that he was an impressive person as well:
He could read a book a day and play chess blindfolded.
 he became famous for his ability to allocate capital very well and was responsible for Teledynes massive success. The stock made …
… like Buffett Singleton had no grand strategic plan. He remained flexible



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