Types without luck

Much talk here of large investors like Warren Buffet or George Soros, but what about those who are not so lucky? Can there be investors with more bad luck that the readers of this blog?. To do this you rescue this interesting story that I read here.

The year 1923 and met at the Edgewater Beach Hotel Chicago men who moved into the world financial issue. These men were: Charles Schwab (President of the USA's largest steel), Samuel Insull (president of the largest provider of public services), Howard Hopson (president of the largest supplier of gas), Arthur Cutter ( the well-known speculator in wheat), Richard Whitney (chairman of the stock exchange in New York), Jesse Livermore (the big "bear" on Wall Srteet), Ivan Krueger (head of the world's largest monopoly), among others. They were the kind of people that many envidiarían and would like to be, who moved the world. But 25 years later, Charles Schwab went into bankruptcy - Samuel Insull died abroad, penniless and without a fugitive from justice - Howard Hopson became crazy - Arthur Cutter was declared insolvent and died abroad - Richard Whitney newborn just get out of prison - Jesse Livermore committed suicide-Ivan Krueger committed suicide.

As you can see, for quite a hurry that we certainly within 25 years we finish better than them. Maybe in 25 years for him to Trichet to lower rates, however, it appears that inflation remains committed and is not expected to lower them. Nor do we know if within 25 years real estate will remain in this country since yesterday declared suspension of payments two (Cosmani and Prasi). At least, what it is that we can be sure that within 25 years most of which I read estaréis're paying your dues last of the mortgage.

Today we have no recent news because I'm traveling, so this article and tomorrow are "canned". So I hope that the zone utilicéis comments to talk of the day's news

Written by Carlos Lopez on March 27, 2008 with 300 comments
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