Here’s more on dividends that Teledyne didn’t pay. Forbes in 1979 says, “a few years ago when Teledyne’s stock was selling around ten, one of Singleton’s closest associates begged him to pay at least a token dividend. Singleton refused. He still refuses....
id=51099 We also want company management to be honest. We talk to past business associates, current co-workers, customers, and suppliers to see if they feel this particular management has been honest with them and is trustworthy. We expect to hold a stock for several years — during our ho...