The American Dream

I believe in the American Dream.

I've seen it realized in my father's story.

Richard Kaufman was an individual investor who tripled his net worth during retirement.

He was not a Wall Street analyst or a financial advisor—in fact, he spent his entire career as a scientist!

Richard personified the spirit of the American Dream.

His hard work and independent thinking helped him realize his goals and improve his station in life.

From Humble Beginnings...

He was born into a struggling family in Brooklyn in 1947 and, at the age of seven, lost his father suddenly.

Richard was determined to make a better life for himself. As a child, he spent weekends wrapped up in books at the Brooklyn Public Library.

He attended Brooklyn Technical High School and was the first member of his family to attend college. He graduated from City College of New York with a degree in Chemistry, followed by an MBA from Fairleigh Dickinson University.

Richard served his country as a medic in the Army Reserves for eight years.

He worked for four decades as an innovative research scientist and engineer for major food and drug companies and held more than fifteen patents.

His inventions still stock shelves wherever food and medical supplies are sold.

Turning Passion Into Profits

He started investing as a way of supplementing his income and discovered a passion for learning the ins and outs of the stock market.

When he realized he could grow his wealth substantially through the stock market rather than at his regular job, he retired early to focus on investing full time.
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Like Father, Like Son

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Soon after I graduated from college, my Dad handed me the keys to a modest portfolio he created for me when I was a child.

He gave me his worn copy of Peter Lynch's book One Up On Wall Street and offered to discuss potential investments.

In 2016, we started American Dream Investing (@adreaminvesting) to educate others about his unconventional investing strategy and his independent thinking.

A Lasting Legacy

Richard passed away in January 2020, leaving me responsible for managing the portfolio using his time-tested strategies.

He was an incredible teacher, among his many outstanding qualities. I sat by his side for thousands of hours, listening, watching and talking about the market with him.

My Dad didn't subscribe to any one particular philosophy on investing. Instead, he approached the market like the scientist he was trained to be.

He concocted his own amalgamation until he found the right balance that worked for him.

American Dream Investing's performance is the result of solid research and independent thinking. We subscribe to numerous financial publications and blogs and watch the same financial news programs as everyone else.

But my Dad taught me to do my own independent analysis and invest after reaching my own conclusions.

My mission is to teach this philosophy to as many investors as I can.

I hope you'll join me in celebrating the spirit of the American Dream.

Here's to many happy returns for you and your family!