Oprah knows a good investment when she sees one.
Early in the 2008 presidential campaign, she threw her support behind a little-known U.S. Senator named Barack Obama. We all know how that turned out.
The Big O is also high on the First Lady of the United States - specifically her fashion sense. Taking style cues from Michelle turned out to be a wise move.
Yesterday, while hosting J.Crew’s Creative Director Jenna Lyons on a special “Dream Jobs” episode of her show, the media made an interesting admission.
After seeing Michelle Obama pictures showing her in relatively affordable J. Crew cardigans, sweaters and skirts, O went and became a J. Crew investor.
Oprah knows a style star when she sees one.
“The very first time I saw the First Lady, before she became the First Lady, wearing J. Crew - full disclosure – I went and bought J.Crew stock,” she said.
The host also said putting her money on Michelle’s mix-it-up, high-low look was indeed a smart bet, saying, “That [investment] was a very good decision."
Good thing, too. In these troubled economic times, Oprah needs all the financial breaks she can get. Hey, better than her taking advice from Octomom.