Frank Stern was a no nonsense businessman with the stated goal of making as much money as possible. This in and of itself sounds pretty ordinary for the business world. However, it was Mr. Stern’s reasoning for making that money which set him apart from other entrepreneurs. You see, the more money Frank made, the more he would be able to leave behind for the benefit of his community. Frank was low-key, frugal, and a great investor who wasn’t about to spend an extra dime that could be put to better use. He followed this pattern even if it meant driving miles out of his way to avoid the dreaded toll bridge in town! Frank and his thrifty ways resulted in a great windfall for his community.
I think everyone has probably heard of Warren Buffett, the Oracle of Omaha. His financial prowess is known the world over. But have you ever heard of the Oracle of Buffalo? No? Well you are going to now!
Meet Stephanie Mucha. This 100 year old lady is such an investment whiz that she has earned the nickname of the Oracle of Buffalo. Quite a compliment since it is a take on the nickname of the Oracle of Omaha himself. She has even had an article written about her in a premier investing publication.
Stephanie doesn’t give a lot of financial advice but she does have a wise word about facing life’s difficulties and challenges, “Keep a stiff upper lip.” I would also have to add, “and invest wisely”. I think these two things are truly the recipe for her success.
In honor of Memorial Day I wanted to honor one of our many Surprise Millionaires who served our country both during times of war and peace. Thank you to all of our servicemen and women and the sacrifices they make to keep our country safe!