The tunnel thru the air : $b or, Looking back from 1940Gann, William D. (William Delbert)
Religion
The tunnel thru the air : $b or, Looking back from 1940
Gann, William D. (William Delbert)
Imaginary wars and battles -- Fiction; Science fiction
Robert became known as "The Boy Wizard of Wall Street." His fame
became known and old men of Wall Street talked about his marvelous
success. Robert refused to be interviewed by the newspapers or tell
anything about his method of working in the market. Seldom ever
visited a broker's office and made very few friends. He worked upon
his invention, and Walter was his sole companion. Walter had met an
old man by the name of Henry Watson who was a veteran of Wall Street,
now over 70 years of age, had made and lost many fortunes and had seen
the biggest and best plungers go on the rocks in Wall Street. Walter
introduced Mr. Watson to Robert and he became very much interested
in the old man's reminiscences. He told Robert the history of Daniel
Drew and got him to read the book of Drew's life, which showed how
Drew, after making $13,000,000 lost it all and died practically a
pauper. Also told the history of Daniel Sully; how he made $10,000,000
to $15,000,000 in the Cotton market, but by violating natural laws
lost it all in a few days in the crash of Cotton in March, 1904, and
then disappeared from the financial horizon. How Livermore, the boy
wonder of 1907 and 1908, had accumulated millions, owned fine yachts,
lost everything, had gone thru bankruptcy, but had later recouped his
fortunes. How Eugene Scales, another striking example, who at one time
had over ten millions dollars paper profit in the Cotton market, had
lost all of it. How Allen A. Ryan, at the height of his fame, when he
defied the Gods of Chance and the unwritten law of Wall Street with the
result that his millions were all lost, had to go thru bankruptcy and
paid only about twenty cents on each one hundred dollars.
Public-domain text, read in full here on John Shaqi.
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