My Time of Devotion III

Hetty Green was a mean-spirited, tightfisted, and very shrewd woman! Born Henrietta Howland Robinson in 1835, she is listed in Guiness Book of World Records as the greatest of misers. Hetty’s father, Edward Mott Robinson, and her aunt Sylvia Ann Howland both died in 1865, leaving her an inheritance of nearly $10 million (worth some $185 million in today’s dollars). Hetty immediately began investing in the financial markets, scoring her first major success after the Civil War as she bought depreciated U.S. government bonds from skittish investors. Her philosophy was simple: “Buy cheap and sell dear”–and she had an instinct for knowing when which was which!

icon for podpress  In My Time of Devotion III: Download

Comments are closed.