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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: AMF who wrote (4108)	7/20/1999 10:14:00 AM
From: Mike 2.0	Read Replies (1) of 54805

OT re "Millionaire Next Door" & miserliness: Miserly is the right word, for sure. The majority did not give anything to charity, which says a lot about their character and outlook. I remember early on the book stated the authors offered some amount of money to their favorite charity if they participated in research for the book. The response quoted was "I'm my favorite charity." That profoundly selfish comment really deflated my interest in the book and I ended up just skimming it. On the subject of miserliness to the point of it becoming a phobia, I have not yet seen anything better than this old Worth magazine article: worth.com This is must reading IMHO. And the man profiled there is exactly what I thought of when I read the self-gratifying "I'm my favorite charity" remark in Millionaire Next Door. This man WAS one of the "millionaires next door"...thanks but no thanks!

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