US$2,000 versus US$ 7 Million: A Single Stock That Made All the Difference - Profit Hunter by Equitymaster
Free Reports

US$2,000 versus US$ 7 Million: A Single Stock That Made All the Difference

Jun 11, 2019

Richa Agarwal, Research analyst

Ever heard of Grace Groner?

Grace was born in 1909 in the US, in a small farming community.

At the age of 12, she was orphaned and taken in by a kind man of her community who paid for her education.

After graduation, she lived in a small cottage that she received in a will. She used to shop for clothes at rummage sales. She never married. She is known to have never used a car. She was frugal and preferred to walk.

For more than four decades of her life, she worked with the same company.

On January 19, 2010, at the age of 100, she passed away.

Now that doesn't make much of a story. And I will not be surprised if you have never heard of her.

So why am I talking about her?

Well, the story of Grace Groner gets interesting on account of what happened after her death.

--- Advertisement ---
How to Find the NEXT Stock That Has the Potential to Make One A Crore… Or More

Do you ever regret missing some big opportunities in the stock market?

The opportunities which could have made one a Lakhpati…

Heck, even a Crorepati…

Opportunities like Wipro, MRF, Titan which could have made one a Crorepati had he taken timely action.

Of course, we can't go back in the past and tap into those opportunities.

But we can look for the next one.

So, how do you find the NEXT stock that has the potential to make a crore…or maybe even more?

Join my first-ever 'One Stock Crorepati' MEGA summit on 24th June for full details…

This time don't miss the opportunity of finding one stock that could make one rich.

Click Here to Claim Your FREE Pass for this MEGA Summit…

Here's another reason why you need to block your seat today…

At this MEGA Summit, Research Analyst Richa Agarwal will reveal details of what she calls a 'crorepati' stock.

Yes…a single stock that has the potential of making one a crorepati in the long term.

It's happened in the past.

And if Richa is right, this could happen again.

So, we strongly recommend you don't miss this MEGA Summit…

Click Here to Claim Your FREE Pass…
------------------------------

You see, in her will, she had left a gift of US$7 million to her alma mater to start a scholarship program for students who were financially challenged.

Her wealth wasn't an inheritance. She did not retire with hefty pay package. And it wasn't a result of her savings either.

So how did she manage to amass such wealth?

Her will left many in shock...even the people in her own community. And it became the talk of the town when leading dailies covered it, including Los Angeles Times and Huffington post.

Turns out that in 1935, after a few years in work, she had bought three shares of Abott Laboratories (the same company where she worked for over four decades), all for US$180 (US$ 60 per share).

For 75 years, she held those shares, which after all the splits and dividend reinvestments had turned into 1 lac shares by the time she died. And that was the reason why she was able to leave such a will behind.

It's a different thing she did not choose to spend on herself, but she was indeed a 'One Stock Crorepati'.

Imagine the kind of difference one decision, one stock made to her life.

Had she saved the initial investment worth US$180 in bank, she would have died with an amount less than US$2000 after 75 years. But she invested in the right stock at the right time, and most importantly, had the patience to let her investment grow and witness the magic of compounding (mind you she could easily have enjoyed an early and wealthy retirement on account of this investment had she wanted).

Stories like these, globally and back home have inspired me to study 'Crorepati stocks'...and all that goes into making them.

After a decade long career in equity research and subjecting my experience to some hard analysis, I think I have found the recipe.

And I'm all ready to share it with you.

If you want to be a part of this journey, join me on June 24th for the 'One Stock Crorepati' Mega Summit. I look forward to seeing you there.

Warm regards,

Richa Agarwal
Richa Agarwal
Editor and Research Analyst, Hidden Treasure

PS: Registrations for the 'one Stock Crorepati' Mega Summit will close soon. Book your FREE seat now. Click here to make 2019 the year of your massive investing success!

Recent Articles

Don't Worry About the Slowdown...this is the Right Time to Buy Small Caps June 18, 2019
I can give you an elaborate explanation full of numbers why you must buy these stocks today, but the most eloquent explanation comes from just this one line.
7 Bluechips to Profit from Tech Disruption June 17, 2019
We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?
Why I Believe Smallcaps Will Catch up to the Sensex June 14, 2019
Smallcaps have gone nowhere even as the Sensex makes new all-time highs. Find out why Richa believes this a good opportunity to invest in smallcaps.
There Are Trading Opportunities Beyond NBFCs June 13, 2019
The NBFC Crisis is creating opportunities not only in the NBFC space but somewhere else as well. Find it here.

Equitymaster requests your view! Post a comment on "US$2,000 versus US$ 7 Million: A Single Stock That Made All the Difference". Click here!