A short quiz
and some observations...
Do you know who, in 1923,
was:
1. President of the largest steel
company?
2. President of the largest gas
company?
3. President of the New York Stock
Exchange?
4. Greatest wheat
speculator?
5. President of the Bank International
Settlement?
6. Great Bear of Wall Street?
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?
1. The president of the largest steel company,
Charles Schwab, died a
pauper.
2. The president
of the largest gas company, Edward Hopson, went
insane.
3. The president of the NYSE, Richard Whitney,
was released from prison
to
die
at
home.
4. The greatest wheat speculator, Arthur Cooger,
died abroad, penniless.
5. The president of the Bank
of International Settlement, shot himself.
6. The
Great Bear of Wall Street, Cosabee Livermore, died of suicide.
In that
same year, 1923, the winner of the most important golf championship,
Gene Sarazan, won both the US Open and PGA Championship. He died
in 1999 at
the age of 95, played golf until he was 92, and was
financially solvent at
his death.
Conclusion: Stop worrying about
business and other bullshit and start
playing golf.
and some observations...
Do you know who, in 1923,
was:
1. President of the largest steel
company?
2. President of the largest gas
company?
3. President of the New York Stock
Exchange?
4. Greatest wheat
speculator?
5. President of the Bank International
Settlement?
6. Great Bear of Wall Street?
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?
1. The president of the largest steel company,
Charles Schwab, died a
pauper.
2. The president
of the largest gas company, Edward Hopson, went
insane.
3. The president of the NYSE, Richard Whitney,
was released from prison
to
die
at
home.
4. The greatest wheat speculator, Arthur Cooger,
died abroad, penniless.
5. The president of the Bank
of International Settlement, shot himself.
6. The
Great Bear of Wall Street, Cosabee Livermore, died of suicide.
In that
same year, 1923, the winner of the most important golf championship,
Gene Sarazan, won both the US Open and PGA Championship. He died
in 1999 at
the age of 95, played golf until he was 92, and was
financially solvent at
his death.
Conclusion: Stop worrying about
business and other bullshit and start
playing golf.
