Hetty Green: The Value Investing Pioneer and Wall Street Icon
Once dubbed the 'Witch of Wall Street,' Hetty Green's legacy as a pioneering investor and philanthropist is being reevaluated.
- Hetty Green, known for her frugal lifestyle, was a pioneering figure in value investing, laying the groundwork for future investors like Warren Buffett.
- Despite being labeled as miserly, Green used her wealth to aid businesses and even the city of New York during financial crises, such as the panic of 1907.
- Green's investment philosophy emphasized thorough research, avoiding speculation, and seeking value and quality in investments.
- Her unconventional lifestyle and investment strategies made her one of the wealthiest women of her time, challenging societal norms.
- Green's contributions to finance and her philanthropic efforts are gaining recognition, challenging the negative portrayal she received from the media.