The remarkable life and lessons of the $8 million janitor

Discussion in 'Investor Psychology' started by srini, 28th Apr, 2015.

  1. srini

    srini Member

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  2. Ace in the Hole

    Ace in the Hole Don't compete, Dominate !

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    I might have missed it, but what exactly was remarkable about his life?
     
  3. Terry_w

    Terry_w Member

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    Good article. old guy on modest earnings died with $8mil worth leaving most to charity. He got a job as a cleaner in retirement - he could have started spending but didn't.
     
  4. Jins13

    Jins13 Member

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    Really feel inspired from this story and shows that if you keep on working hard at achieving your goals, anything is possible.
     
  5. wobbycarly

    wobbycarly Carpe domus

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    If I got to 92 and had $8M, I'd be concerned that I hadn't spent enough. What is the point of accumulating just to pass it on when I was gone?

    There comes a time, when one should, IMO, convert from dividend reinvestment to dividend collecting.

    Still a good story, but I would have written a different ending. ;)