A Foolish Interview with hwm Add to My Favorite Fools Add to My Penalty Box

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The Fool: To what extent has your financial success, or lack thereof, been the result of luck versus skill?
hwm: After several failed attempts,I got lucky for about 25% of my seed money. Another 50% came from hard work and learning experience. The last 25% has come from luck and the determination to practice what I learned and actually buy and hold.
The Fool: Does ethics or 'socially responsible investing' have a place in your investment approach? How so? How not?
hwm: I don't knowingly invest in illegal activities.
The Fool: What was your first educational exposure to investing?
hwm: A hot tip on a stock destined to fail, and a broker that charged high commissions.
The Fool: What's been your best investment to date, and how did you discover it?
hwm: Baxter International. A friend was a driver for them, and they were very busy. That investment lead to the spinoff of Edwards Lifesciences Corp. That stock has appreciated greater than 1000%.
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