The power of long-term investing

Ronald James Read was born in 1921 and died at the ripe old age of 92 in his small house in Vermont, US. During his lifetime, Read became his family's first high school graduate, served as a military policeman during World War II and worked as a gas station attendant and mechanic for 25 years. Following a short 12-month retirement break, he took up a part-time job as a janitor for 17 years. An interesting life, indeed. But why am I wasting my time reading about this gentleman, you may think. This is where Read's life - or afterlife - gets fascinating. Upon his death, he made headl

This article was originally published on December 02, 2021, and last updated on July 19, 2023.