When Henry Ford purchased a large insurance policy, the newspapers carried a story about it, since the amount was so large and the man so prominent. An old friend of Ford’s who was in the insurance business was surprised by the report since he had not heard that Ford was in the market for insurance. The next time he saw Mr. Ford he asked him if the report was true. Ford replied that it was. The friend then asked why he had not purchased the policy from him since they had been friends for many years. Mr. Ford’s reply was,…Log in or Register to save this content for later.