Like Williams, Gustin now has several stock portfolios. It took me a year and a half to make a decision. In 1965, she bought five shares of Teledyne. Gustin grew so proficient at investing with the Tamales that her husband asked her to manage the loss reserves at the small insurance company he operated. But it resulted in some run-ins with her husband, Walter.
Men have a gambling instinct rather than common sense.
The pied pipers from Beardstown Like thousands of other women, Peggy Price came to investing by way of the Beardstown Ladies. Price saw the group on the Today show one morning in early 1995. She called the NAIC to get information on how to set up a club and solicited members of her tennis group in Santa Rosa, Calif., to help her form the Wine Country Women's Investment Club in May 1995. Price subscribes to Value Line to do her research. But she also read One Up On Wall Street, by Peter Lynch, former manager of the Magellan Fund and one of the most successful investors of our time.