The unique way that storied law firm Munger, Tolles, Olson (MTO) allocates firm proceeds to its partners.
A remarkable — if controversial — company in a weird industry. How TransDigm exploits the aerospace aftermarket to generate excessive returns for its shareholders.
The contrarian conglomerate king who pioneered the use of share buybacks.
How A. W. Jones improvised his way to an investment style and structure that has persisted till today.