This is the third part of a multi-part series on Henry Singleton the legendary value investor and founder of the Teledyne empire. Parts one and two of the series can be found at the links below. To ensure you do not miss the rest of the series sign up for our free newsletter.
Dr. Henry Singleton -- Part three: Teledyne the downfall
After building Teledyne up from a failing military contractor, with revenues of less than $5m, into one of America’s largest companies over a span of just twenty years, Dr Henry Singleton announced his retirement as Teledyne’s CEO during 1986. Ten years later, the group ceased to exist.
Henry Singleton never...