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The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
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All the lines had singled out the boom in cattle transport as a superior earnings opportunity, and most were making large investments in stock cars and stockyards. Swift was not a wealthy man, but he scraped up the money for ten cars and found a Canadian railroad willing to carry them. They were an instant success, allowing large markdowns over loc
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
The “Q” was truly one of America’s best and most-profitable roads. Well capitalized, well constructed, and well managed by two of the giant figures of American railroading, John Murray Forbes and Charles Perkins, along with their New England associates, it served a densely populated and fertile agrarian hinterland stretching across Illinois and Iow
... See moreMichael P. Malone • James J. Hill: Empire Builder of the Northwest (The Oklahoma Western Biographies Book 12)
Each quarter we try to study an admirable company and discuss it with our Operating Group managers and board members. We focus on high performance conglomerates that have demonstrated at least a decade of superior shareholder returns.