Audio file
Taking the long view

I am often asked how a workingman like myself—first a tinsmith and later a roofer—was able to accumulate so many properties after starting in real estate fairly late in life. One key to our success is that we put all of the profits back into the business. You could say, why not take the profit and do something else with the money? Well, the chances are that you would spend it—and then you don’t have the property or the money.

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