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“The One Who Dies With The Most Toys (Money) Wins!” Right?

“The One Who Dies With The Most Toys (Money) Wins!” Right?. In 1923, a group of the world's most successful financiers met at the Edgewater Beach Hotel in Chicago. Present were:. World's Most Successful Financiers. The greatest wheat speculator. The president of the New York Stock Exchange.

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“The One Who Dies With The Most Toys (Money) Wins!” Right?

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  1. “The One Who Dies With The Most Toys (Money) Wins!” Right? In 1923, a group of the world's most successful financiers met at the Edgewater Beach Hotel in Chicago. Present were:

  2. World's Most Successful Financiers • The greatest wheat speculator. • The president of the New York Stock Exchange. • A member of the President's cabinet. • The greatest "bear" on Wall Street. • The president of the largest independent steel company. • The president of the Bank of International Settlements. • The head of the world's greatest monopoly.

  3. World's Most Successful Financiers • Collectively, these tycoons controlled more wealth than there was in the United States Treasury. • For years newspapers and magazines had been printing their success stories and urging the youth of the nation to follow their examples.

  4. Twenty-five years later, here's what had happened to these men: • The president of the largest independent steel company - Charles Schwab - lived on borrowed money the last five years of his life, and died broke. • The greatest wheat speculator - Arthur Cutteu - died abroad, insolvent. • The president of the New York Stock Exchange - Richard Whitney - was released from Sing Sing in the mid-1940's.

  5. Twenty-five years later, here's what had happened to these men: • The member of the President's cabinet - Albert Fall - was pardoned from prison so that he could die at home. • The greatest "bear" on Wall Street - Jesse Livermore - committed suicide. • The president of the Bank of International Settlements - Leon Fraser - committed suicide. • The head of the world's greatest monopoly - Ivar Kreuger - committed suicide.

  6. So? • All of these men had learned to make money - but none of them had learned how to live happily.

  7. Moral • If you think you’re in college to learn how to make money and get wealthy, you’ve missed the point.

  8. Moral • Learn how to live a rich life • One that is full of joy, laughter, and love • One that is full of time spent doing things you value • One that is full of time spent doing things you enjoy • One that is full of things that stretch you and help you grow • One that is full of plenty of success that you can enjoy and failure from which you can learn • And you’ll find that you have plenty of money.

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