Since 1978 With a 32 Year Vacation
The article below was written about me way back in 1991. Nearly four decades later, I still advise real investors on compound interest, the Prudent Man Rule, and Ben Graham’s Margin of Safety. I do not speculate or invest on stock stories–never have. I invest on simple mathematics. All you need is time and a compound interest table.
I don’t buy stories, I compound interest and dividends. — Dick Young
Originally posted November 5, 2025.
President Donald J. Trump oversees Operation Epic Fury at Mar-a-Lago, Palm Beach, FL, March 1, 2026. (White House photo by Daniel Torok)
Since the United States and Israel began bombing Iran last Friday in Operation Epic Fury, the price of West Texas Intermediate crude oil has gone from $65.20/barrel at the close on February 26, to $78.20 at the close on March 5, and prices are already at near $86/barrel in trading this morning. That’s an increase of over 31%, and doesn’t include rising prices as markets began to price in an attack earlier in the year. Since December 16, WTI crude oil prices are up over 55%. War is expensive.
President Trump posted this morning that there will be no deals made with Iran, writing on Truth Social:
There will be no deal with Iran except UNCONDITIONAL SURRENDER! After that, and the selection of a GREAT & ACCEPTABLE Leader(s), we, and many of our wonderful and very brave allies and partners, will work tirelessly to bring Iran back from the brink of destruction, making it economically bigger, better, and stronger than ever before. IRAN WILL HAVE A GREAT FUTURE. “MAKE IRAN GREAT AGAIN (MIGA!).” Thank you for your attention to this matter! President DONALD J. TRUMP