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SubTitle: Co-ops & Stocks
Posted by: DAN BLAINE (100.53680@germanynet.de) on 11/16/1997@11:12hrs:
In Reply to: Working on Old SI posted by: Bob Sheridan on 11/15/1997@22:16hrs:
Good topic Bob! I'd like to discuss two jobs that had a real impact on my life. The first: I hated school, so when I had enough credits to go on the co-op program (alternate one week of work with one week of school) I jumped at the chance. I worked for an insurance company in downtown Manhattan and my take home pay was around $30/week. I'd come home beat from the job and too tired to do anything but eat and flop in front of the tube. Somehow, this routine penetrated my pea sized brain and I decided I had to go on to college. I had to take a couple of summer courses AFTER I graduated from Curtis just to meet the entrance requirements for SICC!
Lesson#2: at some point during my college years I worked as a night
watchman for the Wall Street Journal which was still published at
44 Broad Street in lower Manhattan. (this was before they moved to
Princeton, NJ...which was kept secret quite a while). Anyhow, I got to
know a few of the reporters and found out that they, the so-called
Gurus of the street loved to play the numbers! ( this used to be the
last 3 digits of the attendance figures at Aqueduct). They had more
faith in gambling on the numbers than on all the market research they
did on the market! To this day I pay little attention to the writings
of the market experts...if they really were making money, why the h*ll
bother to blab to the world their secret?...DAN