back to news & insights


Dec 14, 2023

Geoffrey Holt Amassed a Fortune Through Consistent, Patient Investing

We love stories about people who amass fortunes through the simple principles of living below their means and long term investing that enables the magic of compounding. Wealth is built with time, not timing. A number of publications recently published just such a story on Geoffrey Holt.
Geoffrey led a simple life in rural New Hampshire as the caretaker of a mobile home park. Despite his unassuming lifestyle, Holt left behind a philanthropic legacy, donating over $3.8 million to his local community upon his passing. Holt's journey to financial success wasn't an overnight feat but rather a lifelong commitment to the steady accumulation of wealth. Living modestly, he consistently invested his savings in mutual funds over the years.  His patience and perseverance benefited an entire community.

Geoffrey’s story reminds us of the power of compounding and the importance of building wealth through time, not timing.

Read the full story of Geoffrey here.

Source: New York Times & The Brattleboro Reformer

By clicking the above link, you’ll leave this site and go to a third-party website. Patient Capital Management does not control the content or privacy practices of the other website and does not endorse or accept responsibility for the content, policies, activities, products or services offered on the site.

The views expressed in this report reflect those of Patient Capital Management portfolio manager(s) as of the date of the report. Any views are subject to change at any time based on market or other conditions, and Patient Capital Management disclaims any responsibility to update such views. The information presented should not be considered a recommendation to purchase or sell any security and should not be relied upon as investment advice. It should not be assumed that any purchase or sale decisions will be profitable or will equal the performance of any security mentioned. Past performance is no guarantee of future results.

©2023 Patient Capital Management, LLC