Life
Forbes Magazine dated February 28, 2011
Robert White made a fortune with the 'Robb Report'. Can he build a second one arbitraging collectibles?
A lifetime of buying and selling rare items has been very good to White.
Robert "Rusty" White discovered the value of rare collectibles early on in life. Inspired by the 1959 Civil War movie The Horse Soldiers--set in his hometown of Newton, Miss.--he combed local railroad tracks with a metal detector as a teenager, seeking treasure. When that didn't yield much of a return, he put a placard in the window of his father's hardware store that read "Antique Guns Wanted," which prompted a local farmer to bring in a pair of pistols he claimed he'd dug up in a field. Rusty bought the guns for $200--"My father got me a loan at the bank that I was responsible for repaying," White says--and kept them until he needed funds for college a few years later, riding the bus to Dallas to seek an appraisal from an antique-arms dealer. ...
No comments:
Post a Comment