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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (4286)7/25/1999 11:05:00 PM
From: Apollo  Read Replies (1) of 54805
 
OT Millionaire Next Door......I want them to be paws without being miserly; wonder if that is possible?

I liked the book as well; I think it is valuable to understand how important savings (and investing) can be, so that one isn't overly focused on revenues. I think it is possible to strike a balance so that one "accumulates wealth" without being obnoxious or miserly; one's accumulation of wealth just may not be "prodigious".

Having said that, I heard this morning about a cardiac surgeon acquaintance who buys outdated yogurt for .25, skims off the mold, and eats the rest. Goes to the heart of the issue about extremes, outliers, > 3 standard deviations from the mean, and the expression "my favorite charity is me".

stan
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