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Title: Food for Thought -
Source: [None]
URL Source: http://www.whatreallyhappened.com/
Published: Oct 16, 2019
Author: staff
Post Date: 2019-10-16 20:00:34 by Horse
Keywords: None
Views: 21
Comments: 2

"This is the time to buy stocks. This is the time to recall the words of the late J. P. Morgan... that any man who is bearish on America will go broke. Within a few days there is likely to be a bear panic rather than a bull panic. Many of the low prices as a result of this hysterical selling are not likely to be reached again in many years." -- W. McNeel, market analyst, as quoted in the New York Herald Tribune, Oct. 30, 1929

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Begin Trace Mode for Comment # 1.

#1. To: Horse (#0)

Olde Joe Kennedy cashed out when his shoeshine boy started giving him stock tips. Or so the story goes.

from Wiki ~ During the Great Depression, Kennedy vastly increased his fortune by investing most of his money in real estate. In 1929, Kennedy's fortune was estimated to be $4 million (equivalent to $58.4 million today).[9] By 1935, his wealth had increased to $180 million (equivalent to $3.29 billion today).

Lod  posted on  2019-10-16   21:45:39 ET  Reply   Untrace   Trace   Private Reply  

#2. To: Lod (#1)

Might have been warned by the Vatican. He invested Vatican money in the heroin trade.

Horse  posted on  2019-10-17 06:36:41 ET  Reply   Untrace   Trace   Private Reply  

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