“The greatest American fortunes were the result of investing in a growing business and staying with it through thick and thin.”
Those who knew Rowe we’ll attribute this ability to his total focus on business, the stock market, and the underlying political, social and economic trends
Durable growth and venture
Pete Calhoun tells a story of knocking on Mr. Price’s door one day and there was no answer from within. Nevertheless, Pete wentz in, saw that Mr. Price was deep in study, and sat down in front of his desk Mr. Price didn’t look up. Pete kept sitting there. Finally, Mr. Price said “You know how irritating I find it when people come in at the wrong time?” Pete said he knew that. Mr. Price asked, “Is your watch working today?” Pete said that it was. Mr. Price said, “Do you know how annoyed I get when people ignore my privacy?” Pete said that he did. After several similar questions and answers, Mr. Price said, “Well then, would you please get out of here!” in a loud voice. Pete got up and went to the door. In living, he turned and said, “Mr. Price, you will be the last person in this building, and the building is on fire.” With that, Pete left. Mr. Price looked out of his office and saw that the firemen were indeed occupying the floor.