The Ford Barn - View Single Post - Yet Another Legendary Story About Henry Ford

Keith True · 12-16-2021, 11:39 AM

The payoff that always sticks in my mind is the one to Rosetta Couzens,James's sister.Initially James had $11,900 to invest,and his sister put in $100.to make it an even $11,000.I would have to read it again to get the numbers exact,but I believe she took out $95,000 in dividends,and her payout at the end was around $262,000.Good return on a $100.investment by a schoolteacher.Seems I remember too that James was not a man to be intimidated or scared by anybody,and played hardball.It was just a cheaper and practical matter to pay him more than to spend the time and money to fight him.

12-16-2021, 11:39 AM	#15
Keith True Senior Member Join Date: May 2010 Location: Epping N.H. Posts: 3,000	Re: Yet Another Legendary Story About Henry Ford The payoff that always sticks in my mind is the one to Rosetta Couzens,James's sister.Initially James had $11,900 to invest,and his sister put in $100.to make it an even $11,000.I would have to read it again to get the numbers exact,but I believe she took out $95,000 in dividends,and her payout at the end was around $262,000.Good return on a $100.investment by a schoolteacher.Seems I remember too that James was not a man to be intimidated or scared by anybody,and played hardball.It was just a cheaper and practical matter to pay him more than to spend the time and money to fight him.