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The way to think about Henry Singleton is that he demonstrated kind of unique range as a capital allocator.
Mr. Cohen called Berkshire the "best quality company in the world" and Mr. Buffett "arguably the best capital allocator in history".
"A CEO is essentially a capital allocator, like a fund manager.
Communism failed for a reason: Government is a horrible capital allocator.
First, the typical roles of an entrepreneur are a capital allocator, a CEO who makes important decision, and a strategic leader among the founding members.
And then maybe even a poor capital allocator like Donald Trump can beat the market.
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We are all better off if our capital allocators, the wealthy people, do a good job on allocating the capital.
Are the capital allocators of this hosting department ok with this placement?
The lesson they have missed comes from Warren Buffett: "The hardest thing [for capital allocators] to do, is nothing".
To paraphrase Winston Churchill's wry paean to democracy, as bad as are corporate capital allocators, anyone else, including government or social activists, would be worse.
This timing issue has already created problems for some very smart capital allocators.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com