One of the greatest traders ever to have lived. This thrice married American was famed for making and losing several multi-million dollar fortunes and once stated: “People who look for easy money invariably pay for the privilege of proving conclusively that it cannot be found on this earth”. Bankers today should pay heed. Nicknamed the “Boy Plunger” and “Great Bear of Wall Street”, Livermore’s end was tragic. A sufferer of clinical depression, Livermore shot himself in a cloakroom at The Sherry-Netherland Hotel in November 1940.
Two stories to keep beside you
Paul Reichmann (1930 – 2013)
This Vienna born Canadian businessman built and lost a fortune on Canary Wharf and was renowned for his frugality and as a “man of honour”. Strictly Jewish, Reichmann also developed New York’s Financial Center and donated up to $50 million a year to yeshivas, synagogues and hospitals around the world. His view on life was […]
Catherine Hooper
The founder of Black Umbrella moved in with Andrew Madoff three days before the black storm of his father’s Ponzi scheme broke. Hooper, a graduate of Bryn Mawr, launched her firm – which aids individuals with “emergency preparedness” and sells such items as anti-radiation suits and pocket sized radiation detectors – in 2009 and profited from […]
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I’d never heard of this man. I’m most definitely going to seek out his book as having Googled him now also, he truly lived life on the roller-coaster.