RE: oil company28 Jun 2019 10:26
RG....3rd Paragraph down i find interesting
He went to see companies and tried to " Understand if the market was missing something "
How did Griffiths, who left school at 16 to work on the family farm, end up in the world of stockbroking? He became interested in business when his rugby career - he was knocking on the door of full international honours for Wales and played for the leading clubs Pontypool and Merthyr Tydfil - was ended by an excruciating foot injury.
The crucial moment came when Griffiths met a greyhound trainer. The trainer had City clients who would make huge bets. This somehow prompted Griffiths to become interested in shares, read the newspapers and educate himself in the ways of the market. His first investment was for £1,000 in 1985. It made a £300 profit in days.
His approach was simple. He went to see companies and tried to "understand if the market was missing something" - and then he took a punt. And he also invested in property and cattle.
He made mistakes, but had a talent. How much did he make? "A lot of millions. By the time I was 30 I had made enough never to work again."
How did Griffiths, who left school at 16 to work on the family farm, end up in the world of stockbroking? He became interested in business when his rugby career - he was knocking on the door of full international honours for Wales and played for the leading clubs Pontypool and Merthyr Tydfil - was ended by an excruciating foot injury.
The crucial moment came when Griffiths met a greyhound trainer. The trainer had City clients who would make huge bets. This somehow prompted Griffiths to become interested in shares, read the newspapers and educate himself in the ways of the market. His first investment was for £1,000 in 1985. It made a £300 profit in days.
His approach was simple. He went to see companies and tried to "understand if the market was missing something" - and then he took a punt. And he also invested in property and cattle.
He made mistakes, but had a talent. How much did he make? "A lot of millions. By the time I was 30 I had made enough never to work again."
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