Friday, August 07, 2009

Why Ted Jones Didn’t Take Edward Jones Public

Ted Jones--the son of Edward D. Jones Sr., founder of the financial-services firm that bears his name--wrote the following response when questioned why he was not interested in taking Edward Jones public and becoming a multi-millionaire.

His rationale is a symbol of the company’s culture that still exists today.

- I am the richest man in America.

- I have a wife who loves me in spite of my faults.

- I have four dogs. Two love only me. One loves everybody. One loves no one, but still is very loyal and follows me everywhere I go on the farm.

- I have a horse I love to ride around the farm, and best of all she comes to me when I call her.

- I have too much to eat and a dry place to sleep.

- I enjoy my business.

- I love my farm and my home.

- I have a few close friends, and money has never been my God.

-- Edward "Ted" Jones 1925-1990

4 comments:

CW said...

Just love what he had to say, particularly about his 4 dogs
and horse! Wondering if he had
kids and if they felt the same way?
CW

Anonymous said...

He did not have any children.

Anonymous said...

I just started with Jones. Ted didn't have any children. Extremely generous guy.

Anonymous said...

I disagree, Ted had lots of kids. IRs (now called FAs) that he poured his heart and soul into. And just like with raising your own, some took to his teachings and others did not, but all benefitted. :)