Seeking Alpha


Send Message
In the spring of 1962 JFK's policies were causing increasing inflation, companies were starting to raise prices.

JKF thought the way to "fight" inflation was to jawbone businessmen to not raise prices.

When the steel companies raised prices, JKF ranted in private that: . "my father always told me businessmen were a bunch of SOB'S" . We didn't learn about that comment till a few years passed.

And in public he said that they were being irresponsible bla bla bla

the instant result was a stock market crash,

xerox & polaroid, 2 of the high fliers went from about $190 to $130 in less than 2 weeks.

The rest of the market crashed too.

As a ...More
  • Description: Independent trader. Trading frequency: Weekly
  • Interests: Gold, Options, Stocks - long, Stocks - short
Currently, there is no company profile for jimmy46.
Currently, there are no blog details for jimmy46.
Currently, there are no book details for jimmy46.