More than meets the eye
July 28, 2020
Verna Oller is a name few recognize, but her home town will long remember her. With little education, a job with an hourly wage, she left 4.5 million to her home town. She insisted that her wealth be kept secret until after her death. How did she do it? She was a shrewd investor and lived frugally. She cut her own hair, replaced broken shoe laces with strips of zipper, and chopped her own wood even into her 80’s. She traveled, and studied stocks. Her focus was one thing–improving her home town. Her instructions were to build a town swimming pool and provide improvements for education in Long Beach, Washington.
I’m impressed and challenged. What do I spend and why? What legacy matters? Yes, our investment is in heaven. However, what are our priorities here?