Money is a tool, not the goal...

How Mr. Womack Made A Killing
By John Train, Fortune Magazine, 1978

He explained his technique, which was ultimate in simplicity. When during a bear market he would read in the papers
that the market was down to new lows, and the experts were predicting that it was sure to drop another 200 points in the
Dow, the farmer would look through a Standard & Poor’s Stock Guide and select around 30 stocks that had fallen in
price below $10 – solid, profit-making, unheard-of, little companies (pecan growers, home furnishings, etc) and paid
dividends. He would come to Houston and buy a $25,000 package of them.
And then, one, two, three or four years later, when the stock market was bubbling and the prophets were talking about
the Dow hitting 1500, he would come to town and sell his whole package. It was as simple as that.
During the subsequent years as I cultivated Mr. Womack (and hunted ducks on his rice fields) until his death, I learned
much of his investing philosophy.