Saturday, September 13, 2008

Money is better than what is coming in 2nd


Would you rather be rich?

Here is a little pop quiz for you. In 1923, who was:

  1. President of the largest steel company?
  2. President of the largest gas company?
  3. President of the New York Stock Exchange?
  4. The greatest wheat speculator?
  5. President of the Bank of International Settlement?
  6. The Great Bear of Wall Street?

These men were considered some of the world’s most successful in their day.

Now, 85 years later, the history book asks us if we know what ultimately became of them.

The answers:

  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, also committed suicide.

However, that same year in 1923, the PGA Champion and the winner of the most important golf tournament, the US Open, was Gene Sarazen.

What became of him?

He was healthy and played golf until he was 92, died in 1999 at the age of 95 and… he was financially secure at the time of his death.

What is the moral of this little post?

Comment your answer!

Greg Cryns

http://www.workathomeprofiles.com

Michael Phelps - the beginning


1 comment:

  1. Moral: Charles Schwab should have played golf.

    ReplyDelete