Forbes runs a piece on Randy Petersen, where he talks about how he got started giving miles and points advice, about the 17 million miles in his accounts, and why he doesn’t burn them.
I guess when you have 17 million you’re not worried about a little bit of devaluation!
Randy‘s motto of “he who dies with the most miles wins” implies devaluation is unimportant since devaluation affects mileage spending moreso than accumulation.
I’m surprised Randy flies in coach. The idea that his “next customer” may be sitting next to him there is rather quaint. I would think comfort would trump the possibility of adding an additional customer to a large ff empire!
A great article/bio from an interesting guy that runs the House of Miles.It is very interesting and comforting that Randy sees no real fear in devaluation.It could be said that he who has the most miles at retirement still has a nice time to look forward too :).I have often pondered about how good will it be down the road with what ever part of my miles portfolio that might still remain.
And what if your points and miles outlast you?
Some mile and point play time is better then no M&P play time?One thing is for certain I will always be grateful to his contribution to program awareness and his insight to earning and redeeming thanks to the various learning opportunities and communities he built from the ground up for we the traveling public.I salute this fellow because I remember what it was like to travel before Inside Flyer and Flyertalk and eleven years later.No comparison its awe inspiring
and I never forget the interesting folks you meet along the way some who became lifelong friends