History, and what's really important

[aiki14]

n 1923, do you know who was:

* President of the largest steel company?
* President of the largest gas company?
* The greatest wheat speculator?
* President of the Bank of International Settlement?
* The Great Bear of Wall Street?
* President of the New York Stock Exchange?

These men should have been considered some of the world's most successful men. At least, they found the secret of making money. Now almost 80 years later, do you know what became of these men?

* Charles Schwab, president of the largest steel company, died a pauper.
* Edward Hopson, president of the largest gas company, went insane.
* Arthur Cooger,the greatest wheat speculator, died abroad, penniless.
* Cosabee Livermore, president of the BIS, shot himself
* The Great Bear of Wall Street, committed suicide
* Richard Whitney, NYSE president released from prison to die at home

In that same year, 1923, Gene Sarazen won most of the important golf championships, including both the US Open and PGA Championship. He played golf until he was 92 and died in 1999 at the age of 95... and was financially solvent at his death.

Long live the memory of the Squire Gene Sarazen (Eugene Saraceni)
2784

[AJLightning]

AMEN bro....:biggrin:

[Jelly]

..........................
* Richard Whitney, NYSE president released from prison to die at home

In that same year, 1923, Gene Sarazen won most of the important golf championships, including both the US Open and PGA Championship.

Long live the memory of the Squire Gene Sarazen (Eugene Saraceni)
2784

You could do both of us a whole lot of good if you gave me $300,000 to buy a new set of clubs. You'd be much closer to happiness and I'd have a better game. Of course a new house to put them in would protect them better, yes?

[concrete]

n 1923, do you know who was:


* The Great Bear of Wall Street, committed suicide

2784

Who was The Great Bear of Wall Street?

[aiki14]

Who was The Great Bear of Wall Street?

Jesse Livermore. Committed suicide at New York's Sherry-Netherland Hotel a week after thanksgiving 1940. You can actually book the suite, it's the deluxe 59th St Suite on the 21st floor. It's $1149/night. (plus 8.375% NY sales tax and 5% occupancy tax)
http://www.sherrynetherland.com/accommodations/suites.cfm
Enjoy your stay.

[reef]

I promise if I come into a ton of money, not to lose my mind, lol.

[netwrangler]

I promise if I come into a ton of money, not to lose my mind, lol.Which brings me to the answer of a FAQ of life....

Every college student encounters the [mostly] well-meaning relatives and friends who ask, "So, what do you want to be in life?"

Over the years, I have answered that question many ways.
Only recently [in the last decade] did I finally figure out the true answer:
"I want to become a world renowned philanthropist."
I mean, when you get to that point, the other issues are, like, handled.

[Horsefish]

The moral of that story is: Play golf, not the market.