Wealth & Collection Anecdotes (Post No.7880)

COMPILED  BY LONDON SWAMINATHAN

Post No.7880

Date uploaded in London – 25 April 2020   

Contact – swami_48@yahoo.com

Pictures are taken from various sources for spreading knowledge; this is a non- commercial blog. Thanks for your great pictures.

Some years ago, while Baron Rothschild and a noble man friend were taking a pleasure trip along the Rhine a young lad on the boat noticed the end of a silk handkerchief sticking out of Rothchild’s pocket. With visions of the fabulous value of a Rothschild handkerchief he took the end of the handkerchief and gently tugged at it

At this point the noble man turned to the baron and whispered,

Baron, that boy beside you is taking your hand kerchief.

Leave him alone, said the Baron.

“We all had to start small.”

xxxx

Collection anecdote

MONEY IS NOT EVERYTHING

A meeting of bank directors included J Edward Simmons and Russel Sage. In the course of a general conversation Mr Simmons remarked,

Money is not everything— is it Mr Sage?

No, replied Mr Sage thoughtfully, the work of collecting it is very important.

Xxxx

Battle anecdotes

A confederate soldier was seen by General Lee, who met him retiring from the front with what Lee considered unbecoming haste. Lee said to him,

Why don’t you go back to the front? That is the place where a soldier should be when a battle is going on.

The reply was,

General, I have been there, and I give you my word of honour it is not a place where any self- respecting man would care to be.

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WHO IS BETTER?

When General O Kelly was introduced to Louis XVI soon after the Battle of Fontenay, his majesty observed that Clare’s regiment behaved very well in the engagement.

Sure, said the General, they behaved very well . It is true— many of them were wounded, buy my regiment behaved better for we were all killed.

TAGS – WEALTH, COLLECTION, BATTLE, ANECDOTES

Xxx Subham xxx

Bankers are Eagles- Abraham Lincoln (Post No.7836)

Compiled  BY LONDON SWAMINATHAN

Post No.7836

Date uploaded in London – 16 April 2020   

Contact – swami_48@yahoo.com

Pictures are taken from various sources for spreading knowledge; this is a non- commercial blog. Thanks for your great pictures.

Stocks and Bonds Anecdotes

During the hectic days following the crash of 1929, many discussions of the whys and wherefores were overheard along Wall Street. One of the more honest and direct explanations of his plight was the following:

I hear that you lost quite a lot of money in the crash.

Were you a bull or a bear?

Neither, just a plain, simple jackass.

(The term “bull market” refers to a stock market that has been rising; a “bear market” is one where prices have been falling. … When it comes to individual investors, a “bull” expects stocks to rise, while a “bear” acts on the assumption they will fall.

Jackass – A Stupid Person.)

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Please Buy, Buy!

A stock broker suffering a slight nervous breakdown from the constant pressure of fluctuating business, was taken to hospital to rest.

While more or less in a daze, his nurse say, as she handed the patient’s chart to the doctor,

Temperature today 102.

Weakly the broker raised his head and said,

When it reaches 100-5, sell, then wearily fell back against his pillow.

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Bankers Meeting with Lincoln

The Hon.Hugh McCulloch, Secretary of the Treasury during Lincoln’s second term, was once announced with a delegation of New York bankers. As the party filed into the room, he proceeded them and said to the president, in a low voice,

These gentlemen from New York have come on to see the Secretary of the Treasury about our new loan. As bankers they are obliged to hold our national securities. I can vouch for their patriotism and loyalty, for, as the good Book says,

“Where the treasure is , there will the heart be also.”

To which Lincoln quickly replied,

There is another text Mr McCulloch I remember, that might equally apply,

“Where the carcass is there will the eagles be gathered together”.

Xxx

You hang People without ID!

Judge Giles Baker of a Pennsylvania county was likewise cashier of his home bank. A man presented a cheque one day for payment. He was a stranger. His evidence of identification was not satisfactory to the cashier.

Why, judge, said the man, I have known you to sentence men to be hanged on no better evidence than this!

Very likely, replied the judge. But when it comes to letting go of cold cash we have to be mighty careful.

Tags — bankers, stocks, bonds , anecdotes

Xxx Subham xxxx