Here are a few articles on the little known but maybe the best allocator of capital in recent decades or ever, Dr. Henry Singleton. Singleton built up Teledyne from the 1960s to the late 1980s at an incredible pace, and his secret, was to buy and sell at “cyclical junctures, doing the “wrong” thing when it was really the right thing and the opposite. In other words, when no one wanted to invest or buy stocks Singleton was, and when his stock price was soaring he used it as currency to acquire other Companies.
Teledyne-and-Henry-Singleton-a-CS-of-a-Great-Capital-Allocator