What is Jim's definiton of being rich.

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pohnpei397 | College Teacher | (Level 3) Distinguished Educator

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You can find the answer to this in Chapter 8.

In this chapter, Jim says he used to be rich.  He says that he was once rich because he had $14.  But he was not able to hold on to his wealth.  Instead, he "speculated in stock."  In his case, what that meant was that he bought a cow.

He bought the cow for $10 but it died.  Then he took the remaining $4 (plus $1 of the $1.10 he got for the dead cow) and tried to invest it with a swindler.  He lost his money that way.