“How old are you?” he asked.
“50,” I said.
“Let me tell you about money, kid.”
“I’m 74. Sold my business in ’99. Made out real well. But that’s not the point. The guys were arrogant, didn’t understand New Englanders, and they had to shut it down. They’re a big international player. They’re fine. But their way was no way to run my business, kid.”
Based on the toughness coming through the phone and the Boston accent, he sounded like he’d be right at home on the docks telling his crew what the job was for the day.
“What type of business did you own?”
“The toughest one of ‘em all kid, retailing,” he said. “Where’d you go to school, kid?”
“I had some good employees from Babson,” he said. “I went to BU.”
“Let me tell you what I miss about Richard Young’s letter. He told it like it was, and he picked stocks every single month. You’re Survive & Thrive thing’s not bad either.”
Action Line: Want to be successful? Invest in yourself. Imagine you’re going to the docks at 5 am every day and get to work.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Warren Miller: If You Don’t Do It This Year, You’ll Be… - January 30, 2023
- Your Investment Focus Is the Foundation for Success - January 30, 2023
- CATO: Global Freedom Is in Sharp Decline - January 27, 2023
- TIME FOR A GONDOLA? Little Cottonwood Canyon Jammed with Traffic - January 27, 2023
- Biden Administration Destroying Retiree Fiduciary Protections - January 27, 2023