Investor YOLOs Into Bond Market, Turns $26,500 Into $1,000,000

Today’s story comes from Classics: An Investor’s Anthology, by Charles Ellis. This is a collection of articles from the likes of T. Rowe Price, Jesse Livermore, and Warren Buffett.

One story from the book is written by an investor who purchased $26,500 worth of tax-free, zero coupon municipal bonds.