Investing

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Months Before The 1929 Crash, Floyd Odlum Quietly Sold Half His Stock Portfolio And Raised $14 Million In Cash. While Other Investors Were Wiped Out, He Spent The Next 6 Years Buying Distressed Companies At Sixty Cents On The Dollar. By 1935 He Was One Of The 10 Richest Men In America.

Most investors in 1929 had no idea the crash was coming, yet one obscure former attorney positioned himself to profit from the wreckage in a way that made him one of the richest people…

AJ Tiarsmith · 6 days ago