Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

A Truly Golden Retriever

October 10, 1997February 3, 2017

You know the episode where Kramer has this terrible cough but, not trusting human doctors, he finds a dog with a similar cough and off they both go to the vet? Well, here is the converse of that story, and it’s not from Seinfeld. It’s from The Very Rich, by Joseph Thorndike, Jr., via Dave Davis:

John Wendel worked as a porter for John Jacob Astor and took to heart his employer’s advice to invest his savings in land. With unwavering trust in this ancestral wisdom, the family held on to their real estate until in the twentieth century it was valued at one hundred million dollars. The last of their line were two spinster sisters, Miss Ella and Miss Rebecca, who for fifty years seldom ventured outside their brownstone, huddled amid the stores and office buildings at the corner of 39th Street and Fifth Avenue.

According to Lucius Beebe, they resisted offers of five million dollars and up because their succession of dogs, each named Tobey, liked the garden to run in. Once when they could not reach a veterinary, the current Tobey was taken to Flower Memorial Hospital, where a kindly doctor treated him. The Misses Wendel did not forget, and in 1931, when Miss Ella died, leaving the family estate to charities, sixteen million dollars of it went to Flower Hospital.

Be nice. What goes around comes around.

 

Post navigation

← Vince DeHart’s Excellent Habit
HBS 25th →

Quote of the Day

"Creditors have better memories than debtors."

Ben Franklin

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • Move To Canada? Help Design My Sign? Save The IRS?

    June 2, 2025
  • 90 Must-See Seconds

    June 1, 2025
  • "Those Who Cannot Remember The Past . . ."

    May 31, 2025
  • Heartwarming / Thought-Provoking / Silver Lining -- And Despair

    May 30, 2025
  • Destroy The FBI; Protect The High-Jump!

    May 28, 2025
  • George Orwell, Joe, And Carl

    May 28, 2025
  • Harvard - UPDATED

    May 27, 2025
  • Harvard -- UPDATED

    May 27, 2025
  • Happy Memorial Day

    May 26, 2025
  • Echos Of 1859

    May 25, 2025
Andrew Tobias Books
  • Facebook
  • Twitter
©2025 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams