Shelby Davis, Sr.
Shelby Davis, Sr., began investing shortly after the market crashed in 1929. By 1938, he and his wife had set aside $50,000 for long-term investment. When he died in 1994, he had – through patient investing – turned that $50,000 into $900 million, mostly through investing in insurance stocks.
Related Fool Articles
Related Community Blogs
Recent Mentions on Fool.com
- Why Arkansas Best Corporation Stock Skyrocketed 250% This Year, and Can It Continue?
- This Man Could Soon Be One of the Most Powerful in the World. But Who Is He?
- Does Facebook Know What You Want More Than You Do?
- What 2013 Taught Us About the Future of Social Security
- Equities Look Good for 2014, but Be Careful
- 1 Huge Catalyst for Bank of America and JPMorgan