A woman after my own heart....

[Vizi1]

Great story....

 

http://cosmos.bcst.yahoo.com/up/player/popup/index.php?rn=222562&cl=20253008&ch=&src=canadanews

[Parsad]

Based on all the stuff Alice Schroeder wrote about Buffett's mother, I'm guessing he was adopted and this was his birth mother!  What a fantastic lady!  Cheers!

[biaggio]

great story

[beerbaron]

I guess she was a value investor.

 

BeerBaron

[Ballinvarosig Investors]

That brought back memories of one of the smartest female investors that I've known, my Granny. When she lived in the United States when she was young, she invested in stocks like General Electric, AT&T and General Motors in the 50's/60's/70's and basically sat on them until she could use the huge profits to enjoy a comfortable retirement.

 

A great company at a fair price will more than look after itself in the long-term.

[opihiman2]

Sounds very similar to this story I read a few months ago:

 

http://blogs.wsj.com/wealth/2010/03/08/how-a-secretary-made-and-gave-away-7-million/