Answers to life’s questions by a highly successful dentist

First, our website now has a tab under which we will file webinars.  If you missed our September 5 Zoom meeting dealing with the Buffett Indicator, you can get it there.

Next, John has generously offered to speak with anyone interested. His contact information is above.

I first interviewed John about a year and a half ago,. He had a $20 million portfolio. It’s now stands at $40 million!

Now, the questions which I (MS) asked him and his (JS) answers.

MS. Was there a particular teacher who influenced you?

JS. It was a group of teachers. I was taking about 200 hours of CE annually for my first decade after graduating.  L. D. PankeyPeter Dawson, Bill Strupp and Mike Schuster influenced me.

MS. What was the best advice you were ever given?

JS. Best advice came from Mike Schuster and that was to be debt-free as soon as possible.

MS. What advice would you give your younger self?

JS. Live below your means, drastically.

MS. What is the hardest lesson you have had to learn throughout your career?

JS. If it sounds too good to be true, it probably is.

MS.Were there any obstacles that you overcame, and how?

JS. I bought into an IPO and quickly lost $300,000. I recovered from that loss fairly soon by investing properly.

MS. If you could change one thing about health care today, what would it be?

JS. I would like to see government funded health care programs such as MedicareMedicaid, the Children’s Health Insurance Program, and the Veterans Health Administration. include dentistry.

MS. Thank you John, for taking the time to share your experience and wisdom with us.

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Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me