I've stumbled upon what I think you'll find to be a real treat. It's a short video interview from 1995. In it, you'll hear from Philip Carret, age 98 at the time.
Philip is a legend in the investment world. He founded one of the first mutual funds in the United States. His name may not ring a bell to you. Would you believe it if I said he was one of Warren Buffett's mentors?
Warren Buffett holds Carret in high regard. He's said before that he had “the best long-term investment record of anyone I know.”
What's the one word Philip Carret used to describe his success? More on that shortly.
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