Philip Lord Carret (November 29, 1896 – May 28, 1998) was an investor and founder (in 1928) of Pioneer Fund (then: Fidelity Mutual Trust), one of the first mutual funds in the United States (now 3rd which exists still).
A former Barron's reporter and WWI aviator Philip Carret launched the Mutual Trust in 1928 after managing money for his friends and family. The initial effort evolved into Pioneer Investments. He ran the fund (in the meantime name was changed to Pioneer Fund) for 55 years, during which an investment of $10,000 became $8 million. Warren Buffett said of him that he had "the best long term investment record of anyone I know." He is most famous for the long successful track record he achieved investing in common stocks and for being one of Warren Buffett's role models. He was an avid chaser of eclipses and had traveled around the world to view them.
An artificial season
Covered by summer rain
Losing all my reason
Cause there's nothing left to blame
Shadows paint the sidewalk
A living picture in a frame
See the sea of people
All their faces look the same
So I sat down for awhile
Forcing a smile
In a state of self-denial
Is it worthwhile
Sell my pity for a dime
Yeah, Just one dime
Sell my pity for a dime
Yeah, Just one dime
Plain talk can be the easy way
Signs of losing my faith
Losing my faith
Plain talk can be the easy way
Signs of losing my faith
Losing my faith
So I sat down for awhile
Yeah, Forcing a smile
In a state of self-denial
Yeah, Is it worthwhile
Sell my pity for a dime
Yeah, Just one dime
Sell my pity for a dime
Yeah, Just one dime
So I sat down for awhile
Yeah, Forcing a smile
In a state of self-denial
Yeah, Is it worthwhile
Sell my pity for a dime
Yeah, Just one dime
Sell my pity for a dime