Henry Singleton is a pioneer of capital allocation. I listened to countless studies about him a few years back and your post reminded me to keep searching for another Teledyne! What do you think comes the closest?
Not sure! BWX Technologies has a wide moat based on Gov contracts (heard about it from Focused Compounding's $GEOFF). Has a much larger exposure to nuclear than Teledyne, though.
Henry Singleton is a pioneer of capital allocation. I listened to countless studies about him a few years back and your post reminded me to keep searching for another Teledyne! What do you think comes the closest?
Glad to hear that, Trung!
Which study resonated with you the most?
I found this write up by CS investing a fun read.
http://csinvesting.org/wp-content/uploads/2015/05/Dr.-Singleton-and-Teledyne-A-Study-of-an-Excellent-Capital-Allocator.pdf
MOI’s podcast was a good listen too:
https://soundcloud.com/latticework-podcast/henry-singleton
Not sure! BWX Technologies has a wide moat based on Gov contracts (heard about it from Focused Compounding's $GEOFF). Has a much larger exposure to nuclear than Teledyne, though.