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

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The Fool: What other financial products or services do you use?
EJWaits: Banks, Brokers, Accountants, etc.
The Fool: What's the best advice you've ever received?
EJWaits: My grandfather told me to learn to shear sheep and I would always be able to earn a meal and a bed. I never learned to shear sheep, but I did learn that I'm not tied to any one job or place. I have no ruts that I cannot step out of if I want to.
The Fool: Describe the most embarrassing personal moment you'll admit to!
EJWaits: Back in the Dark Ages (high school), a teacher asked the class how many of us used the word "irregardless." Being pretty much of a Wise guy, I raised my hand, just before the teach pointed out that it really wasn't a word at all, but rather a sort of constructed double negative. That's only one of many embarrasing moments in an otherwise embarrasing life.
The Fool: Tell us about Your Dumbest Investment... and the lesson you learned from it.
EJWaits: A hot tip: Ling-Temco-Vaught (LTV). I bought it at about 15, watched it drop to 5 over the next 3 or 4 months, and then I left for the winter break. When I returned from the wilds of Montana, it was below 1 and falling off the face of the earth. I learned that I was better at choosing my investments than other people were.
The Fool: What's your biggest pet peeve?
EJWaits: People who take advantage of other people. Especially those who prey on people less able to help themselves or to protect themselves.
The Fool: What's the strangest thing you've ever seen?
EJWaits: The Downtown Dallas skyline in "The X-Files Movie," which looks strangely identical to the Downtown Los Angeles skyline... oops!
The Fool: What's the most overrated idea, person, or event in our culture?
EJWaits: The amount of money and time spent on the mourning of Diana Spencer. It's too bad she wasn't wearing a seat belt while riding in a car with a drunk driver. It's pretty easy to be a philanthropist with a 65 Million dollar estate, but Mother Theresa gave much more to the world than Diana Spencer ever would have.
The Fool: Tell us about your greatest personal success, not necessarily finance related.
EJWaits: This is a work in progress. I am still achieving my greatest personal success.
The Fool: What has been your best work experience, and what made it so great?
EJWaits: Teaching; sharing the knowledge I have with others; challenging those others to take the knowledge they have and "grow" it, add to it, refine it, expand it, and return it to the universe.
The Fool: What's been your best investment to date and how did you discover it?
EJWaits: The Motley Fool. I discovered TMF back in about 1995, while surfing AOL. I sent for a paper copy of the rag, and was hooked on the self-deprecating humor and wisdom apparent in its pages. Since then I've purchased all the books, studied them, examined the things I disagreed with, been disagreeable myself, studied some more, and continue to follow TMF. Fool On!
The Fool: What is your favorite non-financial website? (Please provide the URL, too.)
EJWaits: Oh, there are so, so many of them. Among them: http://www.thomaspmbarnett.com/weblog/;
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