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By Jason Zweig | Jan. 26, 2018 11:58 am ET
Retiree Tom Miller was recently talking with his friend Aaron Chow about an investment Mr. Miller had made in Rich Uncles Real Estate Investment Trust I, a property fund whose shares don’t trade publicly.
Yes, it’s called “Rich Uncles.”
Mr. Chow studied its website, read every page of every regulatory document the company had filed, researched its accounting practices and peppered its investor-relations staff with phone calls. By the time he was done, even the REIT’s chief executive knew who he was….
To read the rest of the column:
The Wall Street Journal, http://on.wsj.com/2rKxc5G
For further reading:
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Devil’s Financial Dictionary
Benjamin Graham, The Intelligent Investor
Benjamin Graham and David L. Dodd, Security Analysis